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

Lucara Diamond logo with Basic Materials background

Key Points

  • Lucara Diamond Corp. shares have fallen below their 200-day moving average of C$0.32, trading as low as C$0.24 on Thursday.
  • The company has a market capitalization of C$75.65 million and a negative price-to-earnings ratio of -2.23.
  • Lucara Diamond primarily generates revenue from its Karowe Mine segment, which is significant for its business operations in Africa.
  • Interested in Lucara Diamond? Here are five stocks we like better.

Shares of Lucara Diamond Corp. (TSE:LUC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.32 and traded as low as C$0.24. Lucara Diamond shares last traded at C$0.24, with a volume of 4,000 shares trading hands.

Lucara Diamond Stock Performance

The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38. The stock has a market cap of C$75.65 million, a P/E ratio of -2.23, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company's 50 day moving average price is C$0.24 and its 200-day moving average price is C$0.31.

Lucara Diamond Company Profile

(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.

See Also

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