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

Lucara Diamond Corp. (TSE:LUC)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.44 and traded as low as C$0.36. Lucara Diamond shares last traded at C$0.36, with a volume of 650,500 shares traded.

Lucara Diamond Stock Up 2.1 %

The stock has a fifty day moving average price of C$0.38 and a 200 day moving average price of C$0.44. 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 has a market capitalization of C$119.11 million, a P/E ratio of -3.51, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38.

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.