Lucara Diamond Corp (TSE:LUC) to Release Earnings on Thursday
Lucara Diamond Corp (TSE:LUC) is set to release its earnings data after the market closes on Thursday, August 3rd.
Lucara Diamond Corp (LUC) traded down 1.50% on Thursday, hitting $2.62. 293,167 shares of the company traded hands. The firm has a market capitalization of $1.00 billion and a PE ratio of 20.79. Lucara Diamond Corp has a 1-year low of $2.60 and a 1-year high of $4.39. The firm’s 50 day moving average price is $2.82 and its 200 day moving average price is $2.96.
In other news, Director Naseem Banu Lahri sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of C$3.25, for a total transaction of C$65,000.00. Also, Director Gerald Ndlovu sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of C$2.96, for a total value of C$148,000.00.
LUC has been the topic of several recent research reports. Pareto Securities reaffirmed a “buy” rating and set a C$3.30 price objective on shares of Lucara Diamond Corp in a report on Monday, June 12th. Scotiabank set a C$3.30 price objective on Lucara Diamond Corp and gave the stock a “sector perform” rating in a report on Thursday, May 4th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$3.50 price objective on shares of Lucara Diamond Corp in a report on Friday, March 31st.
About Lucara Diamond Corp
Lucara Diamond Corp. is a diamond mining company focused in Africa. The Company’s business consists of the acquisition, exploration, development and operation of diamond properties. Its segments include Karowe Mine, and Corporate and other. The Company holds a 100% interest in the Karowe Mine and three prospecting licenses located in Botswana.
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