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Lucara Diamond (TSE:LUC) Stock Price 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 share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.33 and traded as low as C$0.23. Lucara Diamond shares last traded at C$0.25, with a volume of 64,795 shares changing hands.

Lucara Diamond Trading Down 2.0%

The company has a fifty day moving average of C$0.24 and a two-hundred day moving average of C$0.32. The stock has a market capitalization of C$77.26 million, a price-to-earnings ratio of -2.27, a P/E/G ratio of -0.81 and a beta of 1.38. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39.

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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