Lucara Diamond Corp. (LUC:CA) Rises 5.59% for February 06

Lucara Diamond Corp. (LUC:CA) Rises 5.59% for February 06

February 06 was a positive day for Lucara Diamond Corp. (LUC:CA) as its stock finished the day having gained 5.59% to hit a price of $1.70 a share. The company reached a market cap of 674.07 million and has 396.51 million shares outstanding. Lucara Diamond Corp. is a component of the the S&P/TSX Composite Index.

966,289 shares changed hands over the course of the day as compared to an average volume of 373,503 over the last 30 days for Lucara Diamond Corp..

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment include Karowe Mine, which is a mining property located in Botswana where the firm owns three prospecting licenses. The company earns most of its revenue from the sale of diamonds.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO Eira M. Thomas.

Lucara Diamond Corp. has hit a high of $2.68 and reached a low of $1.38 over its last year of trading. The stock’s 50-day SMA is now $1.60 and 200-day SMA is $1.96. As for its price valuations, the P/E ratio is at 28.9 and P/B is now 2.

Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

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