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Lucara Diamond (TSE:LUC) Stock Passes Below 200-Day Moving Average - Here's Why

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.41 and traded as low as C$0.24. Lucara Diamond shares last traded at C$0.25, with a volume of 263,661 shares trading hands.

Lucara Diamond Stock Performance

The firm's 50 day moving average price is C$0.35 and its two-hundred day moving average price is C$0.41. The firm has a market cap of C$78.87 million, a PE ratio of -2.32, a PEG ratio of -0.81 and a beta of 1.38. The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38.

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.

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