Lucara Diamond Corp (TSE:LUC)

Lucara Diamond Corp (TSE:LUC)

Share Price
$ 1.41
-0.03 (-2.08 %)
Market Cap
$559.57 m
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Lucara Diamond Corp

Lucara Diamond Corp. is a new diamond producer. It's key asset is the Karowe Mine in Botswana. The 100% owned Karowe Mine is a newly constructed state-of-the-art mine which was fully commissioned in Q2 2012 . The Karowe Mine is a large scale asset with tonnage and throughput upside and production has consistently included large, Type IIA stones. Lucara is a member of the Lundin Group of...

Market: TSX:LUC
52-week High/Low: C$2.39 / C$1.38
Sector: Mining
Market Cap: $559.57 m
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Lucara Diamond Corp Timeline

Buoyed by strong financial results thanks to production from its diamond mine in Botswana, Canadian-based Lucara Diamonds Corp (TSE:LUC) will pay out C$172mln via a special dividend of C$0.45 per share. The company’s Board of Directors has approved the dividend payment, which substantially adds to Lucara’s progressive 2016...
Lucara Diamond's second exceptional stone sale of the year reassured broker Dundee that the Botswana-focused group's annual revenue guidance of between $200mln and $220mln is achievable, it said, repeating a 'buy' on the shares.
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