Lucara Diamond (TSE:LUC) Hits New 52-Week Low - Should You Sell?

Key Points

• Lucara Diamond Corp. has reached a new 52-week low, trading at C$0.22, with a total volume of 96,775 shares.
• The company has a market capitalization of C$70.82 million and a negative price-to-earnings ratio of -2.09.
• Lucara earns the majority of its revenue from its Karowe Mine segment, which is part of its operations in Africa.

Lucara Diamond Corp. (TSE:LUC - ) reached a new 52-week low on Friday . The company traded as low as C$0.22 and last traded at C$0.22, with a volume of 96775 shares traded. The stock had previously closed at C$0.22.

Lucara Diamond Stock Performance

The company has a market capitalization of C$70.82 million, a price-to-earnings ratio of -2.09, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company has a current ratio of 1.38, a quick ratio of 1.42 and a debt-to-equity ratio of 71.39. The firm has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.31.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.