Lucara Diamond (OTCMKTS:LUCRF) Shares Pass Above Fifty Day Moving Average – What’s Next?

Shares of Lucara Diamond Corp. (OTCMKTS:LUCRFGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.16 and traded as high as $0.1865. Lucara Diamond shares last traded at $0.18, with a volume of 31,700 shares trading hands.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets restated a “market perform” rating on shares of Lucara Diamond in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Lucara Diamond currently has a consensus rating of “Hold”.

View Our Latest Analysis on Lucara Diamond

Lucara Diamond Stock Up 2.9%

The business has a 50 day moving average of $0.16 and a two-hundred day moving average of $0.15.

About Lucara Diamond

(Get Free Report)

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. in August 2007. Lucara Diamond Corp. was incorporated in 1981 and is based in Vancouver, Canada.

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