Lucara Diamond (OTCMKTS:LUCRF) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Lucara Diamond Corp. (OTCMKTS:LUCRFGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.34 and traded as high as $0.36. Lucara Diamond shares last traded at $0.34, with a volume of 26,123 shares traded.

Lucara Diamond Stock Performance

The firm’s 50 day moving average price is $0.34 and its 200-day moving average price is $0.28.

Lucara Diamond Company Profile

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Lucara Diamond Corp., a diamond mining company, engages in the development and operation of diamond properties in Africa. The company holds 100% interests in the Karowe mine located in Botswana. It also operates Clara Platform, a digital sales platform for rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.

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