Lucapa Diamond Co. Ltd. (AU:LOM) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lucapa Diamond Company Limited reported robust sales in Q2 2024, with the Lulo mine in Angola generating $17.8 million from diamond sales, even as challenging weather conditions impacted production. Notably, a tender of exceptional stones post-quarter end raised an additional $12.4 million. The company is also progressing with the divestment of the Mothae Mine in Lesotho, which sold 7,950 carats for $4.7 million during the same quarter.
For further insights into AU:LOM stock, check out TipRanks’ Stock Analysis page.

