Lucara Diamond (TSE:LUC) Sets New 1-Year Low - Should You Sell?

Key Points

• Lucara Diamond Corp. has reached a new 52-week low in its stock price, trading at C$0.19, down from a recent close of C$0.20.
• The company currently has a market capitalization of C$91.00 million and a debt-to-equity ratio of 71.39, indicating significant leverage.
• Most of Lucara's revenue comes from its Karowe Mine segment, which forms a critical part of its operations in Africa.

Lucara Diamond Corp. (TSE:LUC - ) hit a new 52-week low on Thursday . The stock traded as low as C$0.19 and last traded at C$0.20, with a volume of 193760 shares changing hands. The stock had previously closed at C$0.20.

Lucara Diamond Stock Performance

The firm has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.26. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42. The firm has a market capitalization of C$91.00 million, a P/E ratio of 2.00, a price-to-earnings-growth ratio of -0.81 and a beta of 0.67.

About Lucara Diamond

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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