Lucara Diamond (TSE:LUC) Stock Passes Below Two Hundred Day Moving Average of $0.54

Lucara Diamond Corp. (TSE:LUC – Get Rating)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.54 and traded as low as C$0.47. Lucara Diamond shares last traded at C$0.50, with a volume of 138,686 shares changing hands.

Lucara Diamond Price Performance

The company has a current ratio of 1.68, a quick ratio of 1.42 and a debt-to-equity ratio of 29.96. The company’s fifty day moving average is C$0.51 and its two-hundred day moving average is C$0.54. The stock has a market cap of C$226.79 million, a price-to-earnings ratio of 7.14, a P/E/G ratio of -0.81 and a beta of 1.50.

Lucara Diamond (TSE:LUC – Get Rating) last posted its earnings results on Tuesday, February 21st. The company reported C$0.03 earnings per share for the quarter. The company had revenue of C$57.70 million during the quarter. As a group, research analysts predict that Lucara Diamond Corp. will post 0.0925926 earnings per share for the current year.

Lucara Diamond Company Profile

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Lucara Diamond Corp., a diamond mining company, focuses on 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 platform for the sale of rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.