Lucara Diamond Corp. (TSE:LUC) Director Sells C$10,867.74 in Stock

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

Lucara Diamond Price Performance

Shares of LUC stock opened at C$0.38 on Wednesday. The stock’s fifty day moving average price is C$0.40 and its 200 day moving average price is C$0.44. Lucara Diamond Corp. has a 1-year low of C$0.29 and a 1-year high of C$0.63. The company has a market cap of C$122.33 million, a price-to-earnings ratio of -3.60, a price-to-earnings-growth ratio of -0.81 and a beta of 1.38. The company has a debt-to-equity ratio of 71.39, a current ratio of 1.38 and a quick ratio of 1.42.

Analysts Set New Price Targets

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

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.