Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.41 and traded as high as C$0.55. Lucara Diamond shares last traded at C$0.52, with a volume of 1,557,229 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets dropped their price objective on Lucara Diamond from C$0.60 to C$0.50 in a report on Friday, November 15th.
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Lucara Diamond Trading Down 5.5 %
The company has a debt-to-equity ratio of 87.66, a quick ratio of 1.42 and a current ratio of 1.37. The stock has a 50-day moving average of C$0.50 and a two-hundred day moving average of C$0.41. The company has a market cap of C$239.46 million, a P/E ratio of -7.43, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38.
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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