Lucara Diamond (OTCMKTS:LUCRF) Stock Crosses Above 50 Day Moving Average – What’s Next?

Lucara Diamond Corp. (OTCMKTS:LUCRF) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.15 and traded as high as $0.19. Lucara Diamond shares last traded at $0.19, with a volume of 2,052 shares traded.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets restated a “market perform” rating on shares of Lucara Diamond in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Lucara Diamond currently has an average rating of “Hold”.

Lucara Diamond Trading Up 4.5%

The business has a fifty day moving average price of $0.15 and a 200 day moving average price of $0.15.

Lucara Diamond Company Profile

Lucara Diamond Corp., a diamond mining company, engages in the development and operation of diamond properties in Africa. The company holds 100% interests in the Karowe mine located in Botswana. It also operates Clara Platform, a digital sales platform for rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp. in August 2007. Lucara Diamond Corp. was incorporated in 1981 and is based in Vancouver, Canada.