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Lucara Diamond (TSE:LUC) Shares Cross Below Two Hundred Day Moving Average - What's Next?

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.33 and traded as low as C$0.22. Lucara Diamond shares last traded at C$0.23, with a volume of 88,610 shares trading hands.

Lucara Diamond Stock Down 6.4%

The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39. The stock has a market cap of C$70.82 million, a P/E ratio of -2.09, a P/E/G ratio of -0.81 and a beta of 1.38. The company's 50 day moving average price is C$0.24 and its two-hundred day moving average price is C$0.33.

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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