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

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Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.44 and traded as low as C$0.37. Lucara Diamond shares last traded at C$0.38, with a volume of 184,575 shares traded.

Analyst Ratings Changes

Separately, BMO Capital Markets decreased their price target on Lucara Diamond from C$0.60 to C$0.50 in a report on Friday, November 15th.

Get Our Latest Report on Lucara Diamond

Lucara Diamond Price Performance

The business has a fifty day moving average of C$0.39 and a 200 day moving average of C$0.45. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42. The stock has a market cap of C$127.15 million, a PE ratio of -3.74, a P/E/G ratio of -0.81 and a beta of 1.38.

Lucara Diamond Company Profile

(Get Free Report)

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.

Further Reading

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