Lucara Diamond (TSE:LUC) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Lucara Diamond Corp. (TSE:LUCGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.25 and traded as low as C$0.19. Lucara Diamond shares last traded at C$0.19, with a volume of 271,027 shares changing hands.

Lucara Diamond Trading Up 2.7%

The business has a 50 day simple moving average of C$0.20 and a 200-day simple moving average of C$0.25. The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38. The stock has a market capitalization of C$86.45 million, a P/E ratio of 1.90, a price-to-earnings-growth ratio of -0.81 and a beta of 0.57.

About Lucara Diamond

(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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