Lucara Diamond Corp (TSE:LUC) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.80 and last traded at C$0.80, with a volume of 218522 shares traded. The stock had previously closed at C$0.81.
A number of research firms recently commented on LUC. Scotiabank dropped their target price on shares of Lucara Diamond from C$2.00 to C$1.25 in a report on Monday, December 2nd. BMO Capital Markets dropped their target price on shares of Lucara Diamond from C$1.80 to C$1.50 in a report on Thursday, September 26th.
The stock’s fifty day moving average price is C$0.91 and its 200-day moving average price is C$1.22. The company has a debt-to-equity ratio of 2.10, a current ratio of 3.24 and a quick ratio of 0.50. The firm has a market cap of $317.49 million and a price-to-earnings ratio of -80.00.
Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. The company operates in two segments, Karowe Mine, and Corporate and Other. It holds 100% interests in the Karowe mine, as well as two prospecting licenses located in Botswana.
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