Lucara Diamond (TSE:LUC) Releases Quarterly Earnings Results

Lucara Diamond (TSE:LUC) posted its quarterly earnings data on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The firm had revenue of C$30.29 million during the quarter. Lucara Diamond had a return on equity of 8.77% and a net margin of 16.43%.

Lucara Diamond Price Performance

TSE:LUC traded up C$0.01 during mid-day trading on Friday, reaching C$0.24. 6,500 shares of the stock were exchanged, compared to its average volume of 319,058. The business has a fifty day moving average price of C$0.26 and a 200 day moving average price of C$0.23. The firm has a market capitalization of C$349.81 million, a PE ratio of 3.92, a PEG ratio of -0.81 and a beta of 0.53. Lucara Diamond has a 1-year low of C$0.16 and a 1-year high of C$0.35. The company has a current ratio of 1.47, a quick ratio of 1.42 and a debt-to-equity ratio of 70.75.

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.