Lucara Diamond Corp Stock Shares Outstanding
| LUC Stock | CAD 0.31 0.01 3.33% |
Lucara Diamond Corp fundamentals help investors to digest information that contributes to Lucara Diamond's financial success or failures. It also enables traders to predict the movement of Lucara Stock. The fundamental analysis module provides a way to measure Lucara Diamond's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lucara Diamond stock.
As of the 24th of April 2024, Common Stock Shares Outstanding is likely to drop to about 368.4 M. Lucara | Shares Outstanding |
Lucara Diamond Corp Company Shares Outstanding Analysis
Lucara Diamond's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Lucara Diamond Shares Outstanding | 458.92 M |
Most of Lucara Diamond's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lucara Diamond Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lucara Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Lucara Diamond is extremely important. It helps to project a fair market value of Lucara Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Lucara Diamond's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lucara Diamond's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lucara Diamond's interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Lucara Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Lucara Diamond Corp has 458.92 M of shares currently outstending. This is 25.29% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The shares outstanding for all Canada stocks is 19.74% higher than that of the company.
Lucara Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lucara Diamond's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lucara Diamond could also be used in its relative valuation, which is a method of valuing Lucara Diamond by comparing valuation metrics of similar companies.Lucara Diamond is currently under evaluation in shares outstanding category among related companies.
Lucara Diamond Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lucara Diamond from analyzing Lucara Diamond's financial statements. These drivers represent accounts that assess Lucara Diamond's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lucara Diamond's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 259.5M | 162.1M | 195.8M | 167.3M | 132.0M | 125.4M | |
| Enterprise Value | 250.5M | 189.4M | 217.7M | 219.5M | 256.7M | 278.1M |
Lucara Fundamentals
| Return On Equity | -0.0788 | |||
| Return On Asset | 0.0421 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 267.52 M | |||
| Shares Outstanding | 458.92 M | |||
| Shares Owned By Insiders | 25.30 % | |||
| Shares Owned By Institutions | 16.79 % | |||
| Number Of Shares Shorted | 105.12 K | |||
| Price To Earning | 18.67 X | |||
| Price To Book | 0.44 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 177.37 M | |||
| Gross Profit | 109.57 M | |||
| EBITDA | 53.5 M | |||
| Net Income | (20.19 M) | |||
| Cash And Equivalents | 26.42 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 78.6 M | |||
| Debt To Equity | 0.10 % | |||
| Current Ratio | 2.00 X | |||
| Book Value Per Share | 0.53 X | |||
| Cash Flow From Operations | 62.59 M | |||
| Short Ratio | 0.92 X | |||
| Earnings Per Share | (0.05) X | |||
| Price To Earnings To Growth | (3.55) X | |||
| Target Price | 0.36 | |||
| Beta | 1.49 | |||
| Market Capitalization | 142.27 M | |||
| Total Asset | 575.8 M | |||
| Retained Earnings | (13.7 M) | |||
| Working Capital | (16.57 M) | |||
| Current Asset | 173.21 M | |||
| Current Liabilities | 24.63 M | |||
| Five Year Return | 5.06 % | |||
| Net Asset | 575.8 M |
About Lucara Diamond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lucara Diamond Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lucara Diamond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lucara Diamond Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lucara Diamond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lucara Diamond's short interest history, or implied volatility extrapolated from Lucara Diamond options trading.
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Try AI Portfolio ArchitectCheck 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Lucara Stock analysis
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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