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Lucara Diamond (TSE:LUC) Stock Price Passes Below Two Hundred Day Moving Average - Here's Why

Lucara Diamond logo with Basic Materials background

Lucara Diamond Corp. (TSE:LUC - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . 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$0.37, with a volume of 275,009 shares.

Lucara Diamond Price Performance

The business has a 50-day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.44. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39. The stock has a market capitalization of C$119.11 million, a price-to-earnings ratio of -3.51, a P/E/G ratio of -0.81 and a beta of 1.38.

About Lucara Diamond

(Get Free Report)

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

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