Lucara Diamond Corp Reports $45.3 Million Of Revenue For Q3 2019

  • Nov 05, 2019 GMT
  • Team Kalkine
  • Lucara Diamond Corp (0QUI) has released its Q3 2019 results.
  • The company’s revenue recognized during the said period totalled $45.3 million or $390 per carat as compared to $45.7 million or $450 per carat in Q3 2018
  • The company sold 116,200 carats during the reported period as compared to 101,600 carats in Q3 2018. There was an increase of 14 per cent in the number of carats sold, because of better recoveries in smaller, lower-value diamonds.
  • The company reported a net loss of $4.0 million for the reported period as compared to net income of $5.1 million for Q3 2018.

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