Lucara Diamond (TSE:LUC) Sets New 12-Month Low – Here’s What Happened

Lucara Diamond Corp. (TSE:LUC) shares hit a new 52-week low during trading on Friday . The company traded as low as C$0.17 and last traded at C$0.17, with a volume of 907864 shares traded. The stock had previously closed at C$0.18.

Lucara Diamond Trading Down 5.6%

The stock has a 50-day simple moving average of C$0.23 and a 200 day simple moving average of C$0.23. The company has a current ratio of 11.26, a quick ratio of 1.42 and a debt-to-equity ratio of 85.84. The company has a market cap of C$253.47 million, a price-to-earnings ratio of 3.40, a PEG ratio of -0.81 and a beta of 0.53.

Lucara Diamond (TSE:LUC) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($0.01) EPS for the quarter. Lucara Diamond had a return on equity of 3.63% and a net margin of 7.98%.The firm had revenue of C$30.29 million for the quarter. As a group, equities research analysts predict that Lucara Diamond Corp. will post 0.1616162 EPS for the current fiscal year.

About Lucara Diamond

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.