Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Lucapa Diamond Co. Ltd. ( (AU:LOM) ) has issued an update.
Lucapa Diamond Company Limited announced the resumption of mining activities at the Lulo Alluvial Diamond Mine in Angola after resolving a blockade by local community leaders. Despite the disruption, diamond processing continued from stockpiled materials, and the company plans to adjust its mining strategy to mitigate the impact on operations. The company also reaffirmed its commitment to ongoing social programs within the local community.
More about Lucapa Diamond Co. Ltd.
Lucapa Diamond Company Limited is an ASX-listed diamond miner and explorer with assets in Angola and Australia. It has a significant interest in the Lulo Diamond Mine in Angola, which produces large, high-value diamonds, and also explores for primary source kimberlites at this site. Lucapa completed the acquisition of the Merlin Diamond Project in Australia, enhancing its global diamond industry presence.
YTD Price Performance: 40.0%
Average Trading Volume: 60,062
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.2M
For detailed information about LOM stock, go to TipRanks’ Stock Analysis page.
