Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.45 and traded as low as C$0.37. Lucara Diamond shares last traded at C$0.37, with a volume of 11,600 shares traded.
Analysts Set New Price Targets
Separately, BMO Capital Markets lowered their price objective on Lucara Diamond from C$0.60 to C$0.50 in a report on Friday, November 15th.
Check Out Our Latest Stock Report on LUC
Lucara Diamond Price Performance
The company has a market capitalization of C$119.11 million, a P/E ratio of -3.51, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company has a fifty day moving average price of C$0.39 and a 200 day moving average price 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.
About Lucara Diamond
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Lucara Diamond, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lucara Diamond wasn't on the list.
While Lucara Diamond currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
