Is Buying Stock Like Lucara Diamond Corp After Such Increase Winning Strategy?

 Is Buying Stock Like Lucara Diamond Corp After Such Increase Winning Strategy?

The stock of Lucara Diamond Corp (TSE:LUC) is a huge mover today! About 17,491 shares traded hands. Lucara Diamond Corp (TSE:LUC) has risen 6.01% since April 25, 2016 and is uptrending. It has outperformed by 0.75% the S&P500.
The move comes after 7 months positive chart setup for the $1.28 billion company. It was reported on Nov, 29 by We have $3.53 PT which if reached, will make TSE:LUC worth $64.00M more.

Lucara Diamond Corp (TSE:LUC) Ratings Coverage

Out of 3 analysts covering Lucara Diamond (TSE:LUC), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $3.25 is the highest target while $2.40 is the lowest. The $3.01 average target is -10.42% below today’s ($3.36) stock price. Lucara Diamond has been the topic of 11 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Scotia Capital maintained the stock with “Sector Perform” rating in Thursday, November 17 report. The stock of Lucara Diamond Corp (TSE:LUC) earned “Market Perform” rating by BMO Capital Markets on Thursday, February 25. The company was maintained on Wednesday, November 9 by Scotia Capital.

More news for Lucara Diamond Corp (TSE:LUC) were recently published by:, which released: “The Globe and Mail” on August 30, 2011.‘s article titled: “Lucara Diamond Corp rejects $40 million offer for second biggest diamond ever …” and published on November 26, 2015 is yet another important article.

Lucara Diamond Corp. is a diamond mining firm focused on Africa. The company has a market cap of $1.28 billion. The Company’s business consists of the acquisition, exploration, development and operation of diamond properties. It has a 12.23 P/E ratio. The Company’s primary divisions are based on individual diamond properties, being the Karowe Mine and Corporate.

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