Lucara Diamond (TSE:LUC) Sets New 52-Week Low - What's Next?

Key Points

• Lucara Diamond Corp. has reached a new 52-week low of C$0.19 on Wednesday, down from a previous close of C$0.20, with a trading volume of 146,750 shares.
• The company's current market capitalization stands at C$86.45 million with a price-to-earnings ratio of 1.90 and a high debt-to-equity ratio of 71.39.
• Lucara Diamond primarily generates revenue from its Karowe Mine segment, which is critical to its overall business operations in Africa.

Lucara Diamond Corp. (TSE:LUC - ) hit a new 52-week low on Wednesday . The company traded as low as C$0.19 and last traded at C$0.19, with a volume of 146750 shares traded. The stock had previously closed at C$0.20.

Lucara Diamond Stock Performance

The stock's 50 day moving average is C$0.21 and its 200 day moving average is C$0.26. 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 market cap of C$86.45 million, a price-to-earnings ratio of 1.90, a price-to-earnings-growth ratio of -0.81 and a beta of 0.57.

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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