Lucara Diamond (TSE:LUC) Sets New 1-Year Low – Here’s Why

Lucara Diamond Corp. (TSE:LUC)’s stock price hit a new 52-week low on Monday . The company traded as low as C$0.18 and last traded at C$0.17, with a volume of 211550 shares. The stock had previously closed at C$0.18.

Lucara Diamond Stock Down 2.8%

The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42. The stock’s fifty day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.21. The company has a market capitalization of C$79.77 million, a price-to-earnings ratio of 1.59, a PEG ratio of -0.81 and a beta of 0.61.

Lucara Diamond (TSE:LUC) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.02 earnings per share for the quarter. Lucara Diamond had a negative net margin of 20.70% and a negative return on equity of 13.99%. The firm had revenue of C$71.34 million for the quarter. On average, sell-side analysts predict that Lucara Diamond Corp. will post 0.1616162 earnings per share for the current fiscal year.

Lucara Diamond Company Profile

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.