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

Key Points

• Lucara Diamond Corp. shares reached a new 52-week low of C$0.21 during trading, closing at C$0.22 with a trading volume of 85,493 shares.
• The company has a significant debt-to-equity ratio of 71.39 and a market capitalization of C$70.82 million.
• Lucara Diamond primarily earns its revenue from its Karowe Mine segment, which is crucial for its financial performance.

Lucara Diamond Corp. (TSE:LUC - ) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.21 and last traded at C$0.22, with a volume of 85493 shares trading hands. The stock had previously closed at C$0.21.

Lucara Diamond Stock Up 4.8%

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 stock has a market capitalization of C$70.82 million, a PE ratio of -2.09, a PEG ratio of -0.81 and a beta of 1.38. The company has a 50 day moving average price of C$0.23 and a 200-day moving average price of C$0.31.

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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