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

Lucara Diamond logo with Basic Materials background

Key Points

  • Lucara Diamond Corp. shares have reached a new 52-week low of C$0.20, marking significant downward pressure in trading.
  • The company has a market capitalization of C$86.45 million, with a debt-to-equity ratio of 71.39 indicating potential financial risk.
  • Lucara primarily generates revenue from its Karowe Mine segment located in Africa, which is crucial for the company's operations.
  • Interested in Lucara Diamond? Here are five stocks we like better.

Lucara Diamond Corp. (TSE:LUC - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20, with a volume of 118938 shares traded. The stock had previously closed at C$0.20.

Lucara Diamond Trading Down 2.6%

The stock has a market capitalization of C$86.45 million, a PE ratio of 1.90, a PEG ratio of -0.81 and a beta of 0.67. The stock's 50 day moving average price is C$0.22 and its 200-day moving average price is C$0.27. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39.

About Lucara Diamond

(Get Free Report)

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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