Lucara Diamond Corp. (TSE:LUC) Director William Lamb Sells 27,866 Shares of Stock

Lucara Diamond Corp. (TSE:LUCGet Free Report) Director William Lamb sold 27,866 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of C$0.39, for a total value of C$10,867.74.

Lucara Diamond Price Performance

Shares of TSE LUC opened at C$0.40 on Thursday. The company has a debt-to-equity ratio of 71.39, a quick ratio of 1.42 and a current ratio of 1.38. Lucara Diamond Corp. has a fifty-two week low of C$0.29 and a fifty-two week high of C$0.63. The firm has a market capitalization of C$127.15 million, a PE ratio of -3.74, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The stock’s 50-day simple moving average is C$0.40 and its 200-day simple moving average is C$0.44.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets cut their target price on Lucara Diamond from C$0.60 to C$0.50 in a research report on Friday, November 15th.

View Our Latest Research Report on LUC

About Lucara Diamond

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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.

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