Lucara Diamond (TSE:LUC) Reaches New 12-Month Low – What’s Next?

Lucara Diamond Corp. (TSE:LUC)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.15 and last traded at C$0.15, with a volume of 1081833 shares traded. The stock had previously closed at C$0.16.

Lucara Diamond Stock Performance

The company has a current ratio of 9.89, a quick ratio of 1.42 and a debt-to-equity ratio of 91.39. The firm has a market capitalization of C$223.94 million, a PE ratio of 5.00, a PEG ratio of -0.81 and a beta of 0.29. The stock’s 50 day moving average price is C$0.17 and its two-hundred day moving average price is C$0.19.

Lucara Diamond (TSE:LUC) last released its quarterly earnings results on Friday, August 7th. The company reported C$0.02 earnings per share (EPS) for the quarter. Lucara Diamond had a net margin of 10.15% and a return on equity of 4.15%. The company had revenue of C$58.29 million for the quarter. On average, equities analysts expect that Lucara Diamond Corp. will post 0.1616162 earnings per share for the current year.

About Lucara Diamond

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.