Lucara Diamond (TSE:LUC) Announces Quarterly Earnings Results

Lucara Diamond (TSE:LUC) announced its quarterly earnings data on Thursday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. Lucara Diamond had a net margin of 16.43% and a return on equity of 8.77%. The business had revenue of C$30.29 million during the quarter.

Lucara Diamond Price Performance

Shares of TSE:LUC opened at C$0.24 on Friday. The company’s 50-day moving average is C$0.26 and its 200 day moving average is C$0.23. The company has a debt-to-equity ratio of 70.75, a quick ratio of 1.42 and a current ratio of 1.47. The company has a market capitalization of C$349.81 million, a P/E ratio of 3.92, a price-to-earnings-growth ratio of -0.81 and a beta of 0.53. Lucara Diamond has a fifty-two week low of C$0.16 and a fifty-two week high of C$0.35.

Lucara Diamond Company Profile

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.