Lucara Diamond (TSE:LUC) Releases Quarterly Earnings Results

Lucara Diamond (TSE:LUC) issued its quarterly earnings data on Tuesday. The company reported C$0.02 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$44.80 million during the quarter. Lucara Diamond had a return on equity of 19.72% and a net margin of 27.84%.

Lucara Diamond Stock Performance

TSE LUC opened at C$0.29 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 0.38 and a debt-to-equity ratio of 8.58. Lucara Diamond has a fifty-two week low of C$0.16 and a fifty-two week high of C$0.41. The business has a fifty day moving average of C$0.24 and a 200-day moving average of C$0.21. The stock has a market cap of C$423.82 million, a price-to-earnings ratio of 2.59, a price-to-earnings-growth ratio of -0.81 and a beta of 0.52.

Lucara Diamond Company Profile

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the Company’s operations and development activities. Lucara has an experienced board of directors (the “Board”) and management team with extensive diamond development and operations expertise. Lucara and its subsidiaries operate transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.