Lucara Diamond (TSE:LUC) Sets New 12-Month Low – Here’s What Happened

Lucara Diamond Corp. (TSE:LUC)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15, with a volume of 265408 shares traded. The stock had previously closed at C$0.15.

Lucara Diamond Stock Performance

The business’s 50-day moving average is C$0.22 and its 200-day moving average is C$0.23. The company has a market capitalization of C$223.65 million, a PE ratio of 3.00, a PEG ratio of -0.81 and a beta of 0.28. The company has a debt-to-equity ratio of 85.84, a quick ratio of 1.42 and a current ratio of 11.26.

Lucara Diamond (TSE:LUC) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($0.01) EPS for the quarter. Lucara Diamond had a return on equity of 3.63% and a net margin of 7.98%.The company had revenue of C$30.29 million during the quarter. On average, research analysts anticipate that Lucara Diamond Corp. will post 0.1616162 earnings per share for the current year.

Lucara Diamond Company Profile

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.