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

Lucara Diamond Corp. (TSE:LUCGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.26 and traded as low as C$0.20. Lucara Diamond shares last traded at C$0.20, with a volume of 417,500 shares changing hands.

Lucara Diamond Price Performance

The stock has a market capitalization of C$88.72 million, a P/E ratio of 1.95, a PEG ratio of -0.81 and a beta of 0.57. The company has a 50 day moving average of C$0.21 and a 200-day moving average of C$0.26. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 71.39.

Lucara Diamond Company Profile

(Get Free Report)

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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