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Lucara Diamond Corp. (T:LUC)

Business Focus: Diamond Mining

Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1250 Homer Street
VANCOUVER BC V6B 2Y5
Tel: N/A
Website: https://www.lucaradiamond.com
IR: See website
Key People
Lukas H. Lundin
Chairman of the Board
Eira M. Thomas
President, Chief Executive Officer, Co-Founder, Director
Zara E. Boldt
Chief Financial Officer, Corporate Secretary
John Patrick Armstrong
Vice President - Technical Services
Ayesha Hira
Vice President - Corporate Development and Strategy
Naseem Banu Lahri
Managing Director - Lucara Botswana
Business Overview
Lucara Diamond Corp. is a diamond mining company focused in Africa. The Company's business consists of the acquisition, exploration, development and operation of diamond properties. Its segments include Karowe Mine, and Corporate and other. The Company holds a 100% interest in the Karowe Mine and three prospecting licenses located in Botswana. The Karowe Mine is located in north-central Botswana and is part of the Orapa/Letlhakane Kimberlite district. The kimberlite at the Karowe Mine (the AK6 Kimberlite) consists of three distinct intrusions, which form a contiguous tri-lobate kimberlite pipe. The Karowe Mine is the mine developed from the Company's AK6 Project. The Company holds interest in two precious stone prospecting licenses (PL367/2014 and PL371/2014), which host kimberlites, BK02, AK11 and AK12, AK13 and AK14. The prospecting licenses are located within a distance of 15 kilometer and 30 kilometer from the Karowe mine.
Financial Overview
For the six months ended 30 June 2021, LucaraDiamond Corp revenues increased from $41.6M to $99.4M. Netincome totaled $9.4M vs. loss of $17.1M. Revenues reflectDiamonds, Average Price per unit, Total increase from $253to $625 per carat. Net Income reflects Exploration decreasefrom $1.1M (expense) to $0K. Basic Earnings per Shareexcluding Extraordinary Items increased from -$0.04 to$0.02.
Employees: 335 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $319.24M as of Jun 30, 2021
Annual revenue (TTM): $226.44M as of Jun 30, 2021
EBITDA (TTM): $71.46M as of Jun 30, 2021
Net annual income (TTM): $0.25M as of Jun 30, 2021
Free cash flow (TTM): -$38.19M as of Jun 30, 2021
Net Debt Last Fiscal Year: $47.30M as of Jun 30, 2021
Shares outstanding: 453,034,981 as of Jul 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization