Shares of Lucara Diamond Corp. (TSE:LUC - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.43 and traded as low as C$0.41. Lucara Diamond shares last traded at C$0.42, with a volume of 44,170 shares.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets dropped their price target on shares of Lucara Diamond from C$0.60 to C$0.50 in a research note on Friday, November 15th.
Check Out Our Latest Stock Analysis on Lucara Diamond
Lucara Diamond Stock Down 1.2 %
The stock has a market cap of C$188.81 million, a price-to-earnings ratio of -5.86, a P/E/G ratio of -0.81 and a beta of 1.38. The business has a fifty day moving average of C$0.49 and a 200 day moving average of C$0.43. The company has a debt-to-equity ratio of 87.66, a current ratio of 1.37 and a quick ratio of 1.42.
Lucara Diamond Company Profile
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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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