Overview
Lucara Diamond Corp. is a Canadian mining company primarily engaged in the extraction of diamonds. The company operates predominantly in the diamond-rich region of Botswana, where it owns the prolific Karowe mine, renowned for yielding high-quality gem and industrial diamonds, including some record-breaking finds. Since commencing operations, Karowe has become noteworthy for its consistent production of large, high-value stones, positioning Lucara as a key player in the diamond mining industry. In addition to its mining activities, Lucara is actively involved in technological initiatives to enhance diamond recovery rates, exemplified by its investment in advanced X-ray transmission technology. This approach not only boosts the efficiency of diamond processing but also aligns with modern demands for sustainability and ethical sourcing in the gemstone market.
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Basic Stats
The share price of Lucara Diamond Corp. as of June 10, 2024 is $0.25 / share. The market cap (or net worth) of Lucara Diamond Corp. as of September 5, 2025 is $113.75 MM.
The Factor Analysis chart (below right) shows a view of Lucara Diamond Corp. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 113.75 MM |
| EV | 326.01 MM |
| Shares Out. | 454.99 MM |
| Earnings Date | |
| EPS (TTM) | 0.11 |
| Dividend Yield | |
| Ex-Dividend Date | 2019-09-05 |
| Borrow Rate | 17.76 |
| Short Shares Avail. | 0.00 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | 2.33 |
| Price/Book | 0.38 |
| Price/TBV | 0.38 |
| Book/Market | 2.61 |
| EBIT/EV | 0.17 |
| EBIT(3yr avg)/EV | 0.09 |
| ROA | 0.08 |
| ROE | 0.20 |
| ROIC | 0.09 |
| CROIC | 0.00 |
| OCROIC | 0.13 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Lucara Diamond Corp. is $0.28. The forecasts range from a low of $0.27 to a high of $0.28. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Lucara Diamond Corp.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-02-25 | Scotiabank Capital | Sector Perform | Initiate | |
| 2021-11-25 | ScotiaBankFinancial | Sector Perform | Maintains | |
| 2021-10-05 | BERENBERG | Hold | Hold | Maintains |
| 2021-10-04 | BERENBERG | Hold | Hold | Maintains |
| 2021-07-19 | BMO Capital Markets | Market Perform | Initiate | |
| 2021-05-10 | BMO Capital Markets | 0.6 | 0.8 | Upgrade |
| 2021-02-24 | Sbank | 0.55 | 0.7 | Upgrade |
| 2020-11-12 | Sbank | 0.5 | 0.55 | Upgrade |
| 2020-06-25 | BMO Capital Markets | 0.5 | 0.6 | Upgrade |
| 2020-03-30 | Sbank | Outperform | Sector Perform | Downgrade |
| 2020-03-25 | Berenberg Bank | 1.4 | 0.8 | Downgrade |
| 2020-03-23 | BMO Capital Markets | Outperform | Market Perform | Downgrade |
| 2019-12-02 | Sbank | 2 | 1.25 | Downgrade |
| 2019-09-26 | BMO Capital Markets | 1.8 | 1.5 | Downgrade |
| 2019-08-06 | Berenberg Bank | 1.5 | 1.4 | Downgrade |
| 2019-06-27 | BMO Capital Markets | 2 | 1.8 | Downgrade |
| 2019-03-27 | Berenberg Bank | 1.6 | 1.5 | Downgrade |
| 2019-03-12 | Canaccord Genuity | 2.4 | 2.15 | Downgrade |
| 2019-01-11 | Berenberg Bank | Sell | Hold | Upgrade |
| 2018-11-22 | Canaccord Genuity | 2.45 | 2.4 | Downgrade |
| 2018-09-20 | Berenberg Bank | Sell | Initiate | |
| 2018-08-23 | BMO Capital Markets | 3.5 | 2.75 | Downgrade |
| 2018-07-05 | Canaccord Genuity | Buy | Initiate | |
| 2018-04-27 | Sbank | Outperform | Initiate | |
| 2018-03-14 | Sbank | Outperform | Initiate | |
| 2017-11-08 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2017-06-12 | Pareto Securities | Buy | Maintains | |
| 2017-03-31 | BMO Capital Markets | Outperform | Maintains | |
| 2016-08-09 | Haywood Securities | Hold | Maintains | |
| 2016-06-30 | Sbank | Outperform | Sector Perform | Maintains |
| 2016-05-10 | Sbank | Overweight | Maintains | |
| 2022-11-30 | BERENBERG | Hold | Buy | Upgrade |
| 2022-11-29 | BERENBERG | Hold | Buy | Upgrade |
| 2022-11-04 | STA Research | Speculative Buy | Maintains | |
| 2022-05-06 | Scotiabank Capital | Sector Perform | Maintains | |
| 2022-02-28 | Berenberg Capital Markets | Buy | Maintains | |
| 2016-05-05 | Paradigm Capital | Buy | Maintains | |
| 2016-05-05 | BMO Capital Markets | At Market Perform | Maintains | |
| 2016-04-14 | Sbank | Outperform | Maintains | |
| 2015-08-13 | RBC Capital | Outperform | Maintains | |
| 2015-04-29 | Haywood Securities | Buy | Initiate | |
| 2014-12-10 | Dundee Securities | Buy | Maintains | |
| 2014-07-30 | BMO Capital Markets | At Market Perform | Maintains | |
| 2014-07-24 | RBC Capital | Sector Perform | Maintains | |
| 2014-07-17 | Sbank | Sector Perform | Sector Outperform | Upgrade |
| 2014-04-14 | RBC Capital | Sector Perform | Maintains | |
| 2013-11-22 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2013-11-12 | Paradigm Capital | Buy | Maintains | |
| 2013-07-25 | Paradigm Capital | Buy | Maintains | |
| 2013-06-18 | RBC Capital | Outperform | Initiate |
