Lucara Diamond (TSE:LUC) Sets New 1-Year Low – What’s Next?

Lucara Diamond Corp. (TSE:LUC) reached a new 52-week low during trading on Monday. The stock traded as low as C$0.13 and last traded at C$0.12, with a volume of 1,240,617 shares trading hands. The stock had previously closed at C$0.13.

Lucara Diamond Trading Down 3.8%

The company has a market cap of C$186.62 million, a P/E ratio of 4.17, a P/E/G ratio of -0.81 and a beta of 0.29. The company has a quick ratio of 1.42, a current ratio of 9.89 and a debt-to-equity ratio of 91.39. The business has a 50-day moving average price of C$0.16 and a two-hundred day moving average price of C$0.18.

Lucara Diamond (TSE:LUC) last issued its quarterly earnings results on Friday, August 7th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$58.29 million for the quarter. Lucara Diamond had a return on equity of 4.15% and a net margin of 10.15%. On average, analysts predict that Lucara Diamond Corp. will post 0.16 EPS for the current year.

About Lucara Diamond

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.