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

Lucara Diamond Corp. (TSE:LUC) Director William Lamb sold 27,866 shares of Lucara Diamond stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of C$0.39, for a total value of C$10,867.74.

Lucara Diamond Price Performance

Shares of LUC opened at C$0.40 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.42 and a debt-to-equity ratio of 71.39. The stock’s 50 day moving average is C$0.40 and its two-hundred day moving average is C$0.44. The firm has a market capitalization of C$127.15 million, a PE ratio of -3.74, a P/E/G ratio of -0.81 and a beta of 1.38. Lucara Diamond Corp. has a twelve month low of C$0.29 and a twelve month high of C$0.63.

Analyst Ratings Changes

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

About Lucara Diamond

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.