Lucara Diamond (TSE:LUC) Stock Price Passes Below 200 Day Moving Average of $0.36

Shares of Lucara Diamond Corp. (TSE:LUC) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.36 and traded as low as C$0.34. Lucara Diamond shares last traded at C$0.34, with a volume of 1,170 shares.

Lucara Diamond Price Performance

The stock has a market capitalization of C$153.74 million, a PE ratio of -6.70, a P/E/G ratio of -0.81 and a beta of 1.49. The firm’s 50 day simple moving average is C$0.33 and its 200 day simple moving average is C$0.36. The company has a debt-to-equity ratio of 58.29, a current ratio of 0.84 and a quick ratio of 1.42.

Lucara Diamond (TSE:LUC) last posted its quarterly earnings results on Tuesday, February 20th. The company reported C($0.10) EPS for the quarter. The business had revenue of C$49.70 million for the quarter. Lucara Diamond had a negative return on equity of 7.88% and a negative net margin of 11.38%. As a group, equities analysts forecast that Lucara Diamond Corp. will post 0.1616162 EPS for the current fiscal year.

Lucara Diamond Company Profile

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.