Lucara Diamond Corp. (TSE:LUC - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.44 and traded as low as C$0.35. Lucara Diamond shares last traded at C$0.35, with a volume of 60,150 shares changing hands.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets lowered their price objective on Lucara Diamond from C$0.60 to C$0.50 in a research report on Friday, November 15th.
Read Our Latest Research Report on Lucara Diamond
Lucara Diamond Stock Up 10.1 %
The company has a current ratio of 1.37, a quick ratio of 1.42 and a debt-to-equity ratio of 87.66. The firm has a market cap of C$174.99 million, a price-to-earnings ratio of -5.43, a PEG ratio of -0.81 and a beta of 1.38. The firm's 50 day simple moving average is C$0.44 and its two-hundred day simple moving average is C$0.44.
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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