Lucara Diamond (TSE:LUC) Hits New 12-Month Low - What's Next?

Key Points

• Lucara Diamond Corp. hit a new 52-week low of C$0.19, with a trading volume of 293,868 shares.
• The company's market cap stands at C$84.17 million and has a high debt-to-equity ratio of 71.39.
• Lucara's majority revenue comes from its Karowe Mine segment, a key aspect of its business operations in Africa.

Lucara Diamond Corp. (TSE:LUC - ) hit a new 52-week low on Monday . The stock traded as low as C$0.19 and last traded at C$0.19, with a volume of 293868 shares traded. The stock had previously closed at C$0.19.

Lucara Diamond Price Performance

The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38. The firm has a market cap of C$84.17 million, a price-to-earnings ratio of 1.85, a price-to-earnings-growth ratio of -0.81 and a beta of 0.57. The firm has a 50-day moving average price of C$0.20 and a two-hundred day moving average price of C$0.25.

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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