Lucara Diamond Corp. to Post FY2018 Earnings of $0.22 Per Share, Haywood Securities Forecasts (LUC)
Lucara Diamond Corp. (TSE:LUC) – Research analysts at Haywood Securities lifted their FY2018 earnings per share estimates for Lucara Diamond Corp. in a report issued on Wednesday. Haywood Securities analyst G. Mark now expects that the company will earn $0.22 per share for the year, up from their prior forecast of $0.21.
Separately, Royal Bank Of Canada upgraded shares of Lucara Diamond Corp. from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$2.70 to C$3.00 in a research report on Wednesday, November 8th.
Shares of Lucara Diamond Corp. (LUC) opened at C$2.45 on Friday. Lucara Diamond Corp. has a 1 year low of C$2.18 and a 1 year high of C$3.58.
About Lucara Diamond Corp.
Lucara Diamond Corp. is a diamond mining company focused in Africa. The Company’s business consists of the acquisition, exploration, development and operation of diamond properties. Its segments include Karowe Mine, and Corporate and other. The Company holds a 100% interest in the Karowe Mine and three prospecting licenses located in Botswana.
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