Lucara Diamond (TSE:LUC) Posts Quarterly Earnings Results

Lucara Diamond (TSE:LUC) posted its earnings results on Friday. The company reported C$0.02 earnings per share (EPS) for the quarter, FiscalAI reports. Lucara Diamond had a net margin of 7.98% and a return on equity of 3.63%. The company had revenue of C$58.29 million during the quarter.

Lucara Diamond Stock Performance

Shares of TSE LUC remained flat at C$0.16 during trading on Friday. The company’s stock had a trading volume of 822,239 shares, compared to its average volume of 405,665. The company has a 50-day moving average price of C$0.16 and a two-hundred day moving average price of C$0.22. The firm has a market cap of C$238.56 million, a PE ratio of 3.20, a P/E/G ratio of -0.81 and a beta of 0.30. Lucara Diamond has a twelve month low of C$0.14 and a twelve month high of C$0.34. The company has a debt-to-equity ratio of 85.84, a quick ratio of 1.42 and a current ratio of 11.26.

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.