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Lucara Diamond (TSE:LUC) Share Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report) shares crossed 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.

Lucara Diamond Price Performance

The company's 50-day moving average is C$0.33 and its two-hundred day moving average is C$0.39. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42. The firm has a market cap of C$77.26 million, a P/E ratio of -2.27, a PEG ratio of -0.81 and a beta 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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