Lucara Diamond Corp. (TSE:LUC) Director William Lamb Sells 27,866 Shares

Lucara Diamond Corp. (TSE:LUC - Get Free Report) Director William Lamb sold 27,866 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of C$0.39, for a total value of C$10,867.74.

Lucara Diamond Price Performance

LUC remained flat at C$0.40 during trading hours on Friday. The company had a trading volume of 64,628 shares, compared to its average volume of 147,293. The stock has a 50 day simple moving average of C$0.39 and a 200-day simple moving average of C$0.45. Lucara Diamond Corp. has a 52-week low of C$0.29 and a 52-week high of C$0.63. The firm has a market capitalization of C$127.15 million, a PE ratio of -3.74, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reduced their price objective on Lucara Diamond from C$0.60 to C$0.50 in a research note on Friday, November 15th.

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.