In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Lucara Diamond (LUC). BMO Capital’s analyst Edward Sterck reiterates their Buy rating on the shares, with a C$1.80 price target.
According to TipRanks.com, Sterck is ranked #3213 out of 5204 analysts.
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Currently, the analyst consensus on Lucara Diamond is a Moderate Buy with an average price target of C$1.85.
The company has a one-year high of C$2.39 and a one-year low of C$1.38. Currently, Lucara Diamond has an average volume of 157.6K.
Lucara Diamond Corp. engages in the production and exploration of diamond properties. Its projects include Karowe Mine and Exploration Work Orapa Kimberlite Field. The company was founded on July 31, 1981 and is headquartered in Vancouver, Canada.
The company’s shares closed on Wednesday at C$1.58.
