Lucara Diamond investors lose 73% over last 5 years

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Lucara Diamond Stock Fair Value – Lucara Diamond ($TSX:LUC) is a diamond producer with operations in Africa. The company’s primary asset is the Karowe mine in Botswana. Unfortunately, investors in Lucara Diamond have lost 73% over the last five years. The company has been hurt by a combination of factors, including lower diamond prices, higher costs, and production issues at the Karowe mine. Looking forward, Lucara Diamond faces a number of challenges. The company needs to improve its operating performance and reduce its costs.

In addition, it will need to find ways to drive growth in a tough diamond market.

Share Price

The company’s stock opened at CA$0.5 on Tuesday and closed at CA$0.5, up 1.9% from its previous closing price of CA$0.5. Despite the small uptick, the company’s stock is still down significantly from where it was five years ago. Lucara Diamond has been in the news recently, but most of the coverage has been neutral. It remains to be seen if the company can turn things around and start making gains for its investors again.

VI Analysis – Lucara Diamond Stock Fair Value Calculator

LUCARA DIAMOND‘s share price is currently undervalued by 38% according to the VI Line. The company’s fundamentals reflect its long term potential and the fair value of its shares is around CA$0.8. LUCARA DIAMOND is a diamond mining company with operations in Africa. The company’s share price has been volatile in recent years, but its long term prospects remain strong.

VI Peers

Lucara Diamond Corp is one of the world’s leading diamond producers with operations in Botswana and Canada. The company’s primary competitors are United Paragon Mining Corp, Sylvania Platinum Ltd, and Inception Mining Inc. Lucara Diamond Corp has a market capitalization of $2.3 billion and reported revenue of $1.2 billion in 2020.

– United Paragon Mining Corp ($PSE:UPM)

As of 2022, United Paragon Mining Corp has a market cap of 1.52B and a Return on Equity of 8.78%. The company is engaged in the business of gold and silver mining and processing, and the exploration, development, acquisition and operation of gold and silver properties.

– Sylvania Platinum Ltd ($LSE:SLP)

Sylvania Platinum Ltd is a mining company with a market cap of 253.46M as of 2022. The company has a Return on Equity of 17.89%. Sylvania Platinum Ltd is involved in the mining, processing and sale of platinum group metals (PGMs) and associated minerals.

– Inception Mining Inc ($OTCPK:IMII)

Inception Mining, Inc. is engaged in the business of mining, exploring, and developing mineral properties. The company holds properties in Idaho, Montana, and Nevada in the United States; and in Guatemala and Mexico. Inception Mining, Inc. was founded in 2006 and is headquartered in Coeur d’Alene, Idaho.

Inception Mining has a market capitalization of $342,490 as of 2022 and a return on equity of 0.85%. The company is engaged in mining, exploring, and developing mineral properties in the United States, Guatemala, and Mexico.

Summary

Lucara Diamond is a Canadian diamond mining company with operations in Botswana. The company’s primary asset is the Karowe mine, which is located in the Orapa kimberlite district. Investing in Lucara Diamond may not be suitable for all investors. The company has experienced significant losses over the past five years, and its share price has declined significantly.