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Toronto Stock Exchange · Basic Materials

Invest in Lucara Diamond stock from India

Indian and foreign residents can buy Lucara Diamond (LUC) shares directly through Paasa.

By Paasa · Updated

Lucara Diamond at a glance

Price
CA$0.17+CA$0.00 (0.00%)
Market cap
CA$77.11M
Day range
CA$0.17 – CA$0.17
P/E
3.85
Dividend yield
None
Volume
227.93K
1 month
+0.00%
6 months
-20.93%
YTD
-15.00%
1 year
-15.00%
5 years
-73.85%

Live chart and statistics

Lucara Diamond statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$162.5M$203.9M$172.4M$212.9M$230.1M
Gross profit$51.3M$84.5M$62.4M$84.6M$75.1M
Operating income$34.4M$83.2M$54.4M$61.8M$52.8M
Net income$26.6M$39.9M−$20.2M$40.4M$23.8M
Earnings per share$0.06$0.09−$0.04$0.09$0.06
EBITDA$48.9M$66.6M$53.5M$87.2M$100.3M
Total assets$771.3M$660.8M$575.8M$495.8M$412.0M
Total debt$223.5M$195.8M$138.0M$78.6M$48.9M
Cash and short-term investments$31.9M$22.8M$13.3M$26.4M$27.0M
Shareholders' equity$315.8M$271.7M$242.1M$270.1M$249.0M
Operating cash flow$55.0M$56.3M$63.4M$96.2M$83.4M
Free cash flow−$48.3M−$38.7M−$52.3M$77.2M$68.1M
Capital expenditure−$103.3M−$95.0M−$14.5M−$19.1M−$15.3M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Scottie ResourcesSCOT.VCA$2.92CA$223.73M
Arras MineralsARK.VCA$1.38CA$197.36M
NevGoldNAU.VCA$1.11CA$190.88M
Patagonia GoldPGDC.VCA$0.41CA$190.25M
Teuton ResourcesTUO.VCA$1.65CA$94.62M
First Nordic MetalsFNM.VCA$1.96CA$89.87M
Defiance SilverDEF.VCA$0.18CA$65.83M
Canterra MineralsCTM.VCA$0.15CA$56.97M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Lucara Diamond from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search LUC and buy

    Find Lucara Diamond by name or by its ticker, LUC, and place your order.

Why invest in Lucara Diamond from India

What Lucara Diamond does

Lucara Diamond Corp. operates as a diamond mining enterprise, primarily focused on the exploration, development, and ongoing management of diamond assets throughout Africa. A key holding is its 100% ownership of the Karowe mine, situated in Botswana. Lucara Diamond operates in the Other Precious Metals industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Lucara Diamond stock from India?

Yes. Indian residents and NRIs can buy Lucara Diamond (LUC) shares directly through Paasa. Lucara Diamond is listed on the Toronto Stock Exchange, in the Other Precious Metals industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Lucara Diamond shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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