Insider Traded: Lucara Diamond Corp (LUC) Director Sold 170,000 Shares of Shares

Insider Traded: Lucara Diamond Corp (LUC) Director Sold 170,000 Shares of Shares

Lucara Diamond Corp (TSE:LUC) Director Marie Inkster sold 170,000 shares of Lucara Diamond Corp stock in a transaction that occurred on Tuesday, March 28th. The shares were sold at an average price of C$3.00, for a total value of C$510,000.00.

Shares of Lucara Diamond Corp (TSE:LUC) traded down 0.33% during mid-day trading on Tuesday, hitting $3.00. The stock had a trading volume of 323,620 shares. The company’s 50 day moving average is $2.89 and its 200-day moving average is $3.33. Lucara Diamond Corp has a 52-week low of $2.62 and a 52-week high of $4.39. The stock has a market cap of $1.15 billion and a P/E ratio of 16.67.

Separately, Scotiabank lifted their price objective on Lucara Diamond Corp from C$3.25 to C$3.50 and gave the company a “sector perform” rating in a research report on Thursday, December 1st.

About Lucara Diamond Corp

Lucara Diamond Corp. is a diamond mining company focused in Africa. The Company’s business consists of the acquisition, exploration, development and operation of diamond properties. Its segments include Karowe Mine, and Corporate and other. The Company holds a 100% interest in the Karowe Mine and three prospecting licenses located in Botswana.

Related posts

Leave a Comment