Lucara Diamond Corp Stock Analysis

LUC Stock  CAD 0.32  0.01  3.03%   
Lucara Diamond Corp is overvalued with Real Value of 0.29 and Hype Value of 0.33. The main objective of Lucara Diamond stock analysis is to determine its intrinsic value, which is an estimate of what Lucara Diamond Corp is worth, separate from its market price. There are two main types of Lucara Diamond's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Lucara Diamond's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Lucara Diamond's stock to identify patterns and trends that may indicate its future price movements.
The Lucara Diamond stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Lucara Diamond is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Lucara Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Lucara Diamond's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Lucara Stock Analysis Notes

About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.44. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Lucara Diamond Corp recorded a loss per share of 0.05. The entity last dividend was issued on the 31st of December 2022. Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. LUCARA DIAMOND operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 324 people. To find out more about Lucara Diamond Corp contact William Lamb at 604-674-0272 or learn more at https://lucaradiamond.com.

Lucara Diamond Quarterly Total Revenue

36.54 Million

Lucara Diamond Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Lucara Diamond's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Lucara Diamond Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Lucara Diamond Corp generated a negative expected return over the last 90 days
Lucara Diamond Corp has some characteristics of a very speculative penny stock
Lucara Diamond Corp has high historical volatility and very poor performance
The company reported the revenue of 177.37 M. Net Loss for the year was (20.19 M) with profit before overhead, payroll, taxes, and interest of 109.57 M.
About 27.0% of the company outstanding shares are owned by corporate insiders
Latest headline from news.google.com: Lucara Diamond Hits New 12-Month Low at 0.34 - MarketBeat

Lucara Largest EPS Surprises

Earnings surprises can significantly impact Lucara Diamond's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-08-08
2019-06-300.010.0023-0.007777 
2023-02-21
2022-12-310.030.02-0.0133 
2022-05-05
2022-03-310.030.040.0133 
View All Earnings Estimates

Lucara Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 146.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lucara Diamond's market, we take the total number of its shares issued and multiply it by Lucara Diamond's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Lucara Profitablity

Lucara Diamond's profitability indicators refer to fundamental financial ratios that showcase Lucara Diamond's ability to generate income relative to its revenue or operating costs. If, let's say, Lucara Diamond is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Lucara Diamond's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Lucara Diamond's profitability requires more research than a typical breakdown of Lucara Diamond's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.11) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.07.
Last ReportedProjected for 2024
Return On Capital Employed 0.13  0.14 
Return On Assets(0.04)(0.03)
Return On Equity(0.08)(0.08)

Management Efficiency

Lucara Diamond Corp has return on total asset (ROA) of 0.0421 % which means that it generated a profit of $0.0421 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0788) %, meaning that it generated substantial loss on money invested by shareholders. Lucara Diamond's management efficiency ratios could be used to measure how well Lucara Diamond manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to grow to 0.14, though Return On Assets are likely to grow to (0.03). At this time, Lucara Diamond's Other Current Assets are very stable compared to the past year. As of the 28th of March 2024, Other Assets is likely to grow to about 53.4 M, while Total Assets are likely to drop about 316.1 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.55  0.52 
Enterprise Value Multiple 4.68  4.92 
Price Fair Value 0.55  0.52 
The analysis of Lucara Diamond's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Lucara Diamond's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Lucara Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.526

Technical Drivers

As of the 28th of March, Lucara Diamond secures the Risk Adjusted Performance of (0.04), mean deviation of 2.38, and Standard Deviation of 3.38. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lucara Diamond Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down thirteen technical drivers for Lucara Diamond, which can be compared to its peers in the industry. Please verify Lucara Diamond Corp variance, as well as the relationship between the maximum drawdown and skewness to decide if Lucara Diamond Corp is priced some-what accurately, providing market reflects its recent price of 0.32 per share.

Lucara Diamond Corp Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Lucara Diamond middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Lucara Diamond Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Lucara Diamond Predictive Daily Indicators

Lucara Diamond intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Lucara Diamond stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Lucara Diamond Forecast Models

Lucara Diamond's time-series forecasting models are one of many Lucara Diamond's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Lucara Diamond's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Lucara Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Lucara Diamond prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Lucara shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Lucara Diamond. By using and applying Lucara Stock analysis, traders can create a robust methodology for identifying Lucara entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.07  0.07 
Operating Profit Margin 0.34  0.42 
Net Loss(0.11)(0.11)
Gross Profit Margin 0.34  0.46 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Lucara Diamond to your portfolios without increasing risk or reducing expected return.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucara Diamond Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Lucara Diamond Corp information on this page should be used as a complementary analysis to other Lucara Diamond's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Lucara Diamond's price analysis, check to measure Lucara Diamond's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lucara Diamond is operating at the current time. Most of Lucara Diamond's value examination focuses on studying past and present price action to predict the probability of Lucara Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucara Diamond's price. Additionally, you may evaluate how the addition of Lucara Diamond to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lucara Diamond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucara Diamond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucara Diamond's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.