Lucara Diamond (TSE:LUC) Hits New 1-Year Low - Here's What Happened

Key Points

• Lucara Diamond Corp. reached a new 52-week low on its stock price, trading at C$0.19 with a volume of 194,027 shares.
• The company has a market cap of C$86.45 million and a PE ratio of 1.90, indicating potential concerns regarding its profitability.
• Lucara primarily generates revenue from its Karowe Mine segment, which plays a crucial role in its business operations.

Lucara Diamond Corp. (TSE:LUC - )'s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.19 and last traded at C$0.19, with a volume of 194027 shares trading hands. The stock had previously closed at C$0.19.

Lucara Diamond Stock Up 2.7%

The stock has a market cap of C$86.45 million, a PE ratio of 1.90, a price-to-earnings-growth ratio of -0.81 and a beta of 0.57. The firm has a fifty day moving average of C$0.20 and a 200 day moving average of C$0.25. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39.

Lucara Diamond Company Profile

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

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