Lucara Diamond (TSE:LUC) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Lucara Diamond Corp. (TSE:LUCGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.21 and traded as low as C$0.18. Lucara Diamond shares last traded at C$0.19, with a volume of 26,506 shares.

Lucara Diamond Stock Up 2.8%

The firm has a 50 day moving average price of C$0.19 and a 200-day moving average price of C$0.21. The firm has a market cap of C$84.33 million, a price-to-earnings ratio of 1.68, a price-to-earnings-growth ratio of -0.81 and a beta of 0.61. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42.

Lucara Diamond (TSE:LUCGet Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$71.34 million during the quarter. Lucara Diamond had a negative net margin of 20.70% and a negative return on equity of 13.99%. As a group, equities analysts predict that Lucara Diamond Corp. will post 0.1616162 EPS for the current fiscal year.

About Lucara Diamond

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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.

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