Lucara Diamond (TSE:LUC) Reaches New 1-Year Low – Here’s What Happened

Lucara Diamond Corp. (TSE:LUC)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 63372 shares traded. The stock had previously closed at C$0.15.

Lucara Diamond Trading Down 3.3%

The company has a quick ratio of 1.42, a current ratio of 11.26 and a debt-to-equity ratio of 85.84. The company has a market capitalization of C$216.20 million, a P/E ratio of 2.90, a price-to-earnings-growth ratio of -0.81 and a beta of 0.28. The business has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.23.

Lucara Diamond (TSE:LUC) last announced its earnings results on Thursday, May 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$30.29 million during the quarter. Lucara Diamond had a net margin of 7.98% and a return on equity of 3.63%. On average, analysts expect that Lucara Diamond Corp. will post 0.1616162 earnings per share for the current fiscal year.

Lucara Diamond Company Profile

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.