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Lucara Diamond (TSE:LUC) Trading Down 19.1% - Here's Why

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report) dropped 19.1% during trading on Monday . The company traded as low as C$0.27 and last traded at C$0.28. Approximately 466,393 shares were traded during mid-day trading, an increase of 239% from the average daily volume of 137,413 shares. The stock had previously closed at C$0.34.

Lucara Diamond Stock Down 2.0%

The company's 50 day moving average is C$0.35 and its 200 day moving average is C$0.41. The company has a market cap of C$78.87 million, a PE ratio of -2.32, a P/E/G ratio of -0.81 and a beta of 1.38. The company has a current ratio of 1.38, a quick ratio of 1.42 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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