Lucara Diamond (TSE:LUC) Share Price Passes Below 200 Day Moving Average of $0.36

Lucara Diamond Corp. (TSE:LUC) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.36 and traded as low as C$0.35. Lucara Diamond shares last traded at C$0.37, with a volume of 162,364 shares changing hands.

Lucara Diamond Stock Performance

The company has a debt-to-equity ratio of 58.29, a quick ratio of 1.42 and a current ratio of 0.84. The business’s fifty day simple moving average is C$0.33 and its 200-day simple moving average is C$0.36. The firm has a market capitalization of C$167.20 million, a PE ratio of -7.30, a price-to-earnings-growth ratio of -0.81 and a beta of 1.53.

Lucara Diamond (TSE:LUC) last announced its quarterly earnings data on Tuesday, February 20th. The company reported C($0.10) earnings per share (EPS) for the quarter. Lucara Diamond had a negative net margin of 11.38% and a negative return on equity of 7.88%. The company had revenue of C$49.70 million for the quarter. As a group, equities research analysts expect that Lucara Diamond Corp. will post 0.1616162 EPS for the current year.

Lucara Diamond Company Profile

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.