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Lucara records lower Ebitda of $18.2-million for Q3

Creamer Media Reporter
Lucara Diamond Corp achieved earnings before interest, taxes, depreciation and amortisation (Ebitda) of $18.2-million for the third quarter ended September 30, compared with the Ebitda of $49.8-million reported for the quarter ended September 30, 2017. The decrease in Ebitda reflects lower revenues attributable to a smaller volume and lower average price of exceptional stones sold, with the sales for the third quarter of 2017 having included the 1 109 ct Lesedi La Rona.

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