A small mining firm just saw its stock surge 91 percent after it discovered the worlds 2nd-largest diamond - Yahoo Finance
| LUC Stock | SEK 2.84 0.16 5.33% |
Slightly above 62% of Lucara Diamond's investor base is looking to short. The analysis of current outlook of investing in Lucara Diamond Corp suggests that many traders are alarmed regarding Lucara Diamond's prospects. Lucara Diamond's investing sentiment can be driven by a variety of factors including economic data, Lucara Diamond's earnings reports, geopolitical events, and overall market trends.
Lucara |
A small mining firm just saw its stock surge 91 percent after it discovered the worlds 2nd-largest diamond Yahoo Finance
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Lucara Diamond Fundamental Analysis
We analyze Lucara Diamond'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 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.
Total Debt
Total Debt Comparative Analysis
Lucara Diamond is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Lucara Diamond Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lucara Diamond stock to make a market-neutral strategy. 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 with similar companies.
Peers
Lucara Diamond Related Equities
| INWI | Inwido AB | 1.90 | ||||
| LUG | Lundin Gold | 1.83 | ||||
| AOI | Africa Oil | 0.55 | ||||
| LUMI | Lundin Mining | 3.93 |
Additional 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.