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

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.40 and traded as low as C$0.24. Lucara Diamond shares last traded at C$0.24, with a volume of 29,001 shares changing hands.

Lucara Diamond Price Performance

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 company has a market cap of C$77.26 million, a price-to-earnings ratio of -2.27, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company has a fifty day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.39.

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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