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Lucara Diamond (TSE:LUC) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.44 and traded as low as C$0.36. Lucara Diamond shares last traded at C$0.36, with a volume of 650,500 shares traded.

Lucara Diamond Price Performance

The stock has a market cap of C$119.11 million, a price-to-earnings ratio of -3.51, a PEG ratio of -0.81 and a beta of 1.38. The company's 50 day moving average is C$0.38 and its 200 day moving average is C$0.44. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42.

About Lucara Diamond

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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.

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