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The action of Lucara Diamond (TSE: LUC) was deemed "buying" by Canaccord Genuity's financial badysts In a research report released Thursday, the target price of Canaccord Genuity, which currently stands at $ 2.45 CAD, suggests a potential upside of 12.39% over the previous closing of the stock.
Separately, Scotiabank confirmed its "outperformance" rating. and set a price target of $ 3.25 CAD on Lucara Diamond shares in a research report on Wednesday, March 14.
Lucara Diamond opened Thursday at C $ 2.18, according to Marketbeat. Lucara Diamond has a low of $ 1.97 C and Lucara Diamond (TSE: LUC) posted its quarterly earnings on Tuesday, May 8, and posted earnings per share (EPS) of C $ 0.03 for the quarter . return on equity of 55.25% and a net margin of 42.23%. The company generated revenues of 32.08 million Canadian dollars for the quarter.
Lucara Diamond Company Profile
Lucara Diamond Corp., a diamond mining company, engages in the acquisition, l & # 39; 39 Exploration, development and exploitation of diamond properties in Africa. It holds 100% interest in the Karowe Mine covering an area of 15.3 km2, as well as three prospecting permits located in Botswana. The company formerly called Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.
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