Lucara Diamond Corp.

TSX:LUC Stock Report

Market Cap: CA$328.0m

Lucara Diamond Management

Management criteria checks 3/4

Lucara Diamond's CEO is William Lamb, appointed in Aug 2023, has a tenure of 2.75 years. total yearly compensation is $1.92M, comprised of 29.3% salary and 70.7% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth CA$98.64K. The average tenure of the management team and the board of directors is 2.3 years and 3.4 years respectively.

Key information

William Lamb

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage29.27%
CEO tenure2.8yrs
CEO ownership0.03%
Management average tenure2.3yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

New Narrative May 13

Underground Project And Large High Value Diamonds Will Support Long Term Upside Potential

Catalysts About Lucara Diamond Lucara Diamond is a diamond mining company focused on producing large, high value stones from its Karowe mine and advancing its Underground Project. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 25

Lacklustre Performance Is Driving Lucara Diamond Corp.'s (TSE:LUC) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.3x Lucara Diamond Corp. ( TSE:LUC ) is definitely a...
Analysis Article Aug 20

Lucara Diamond (TSE:LUC) Might Have The Makings Of A Multi-Bagger

TSX:LUC 1 Year Share Price vs Fair Value Explore Lucara Diamond's Fair Values from the Community and select yours If we...
Analysis Article May 13

Lucara Diamond Corp. (TSE:LUC) Not Doing Enough For Some Investors As Its Shares Slump 27%

Lucara Diamond Corp. ( TSE:LUC ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Mar 03

Lucara Diamond's (TSE:LUC) Earnings May Just Be The Starting Point

Lucara Diamond Corp.'s ( TSE:LUC ) strong earnings report was rewarded with a positive stock price move. Our analysis...
Analysis Article Jan 17

Lucara Diamond (TSE:LUC) Might Have The Makings Of A Multi-Bagger

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Dec 20

Lucara Diamond Corp. (TSE:LUC) Doing What It Can To Lift Shares

You may think that with a price-to-sales (or "P/S") ratio of 0.9x Lucara Diamond Corp. ( TSE:LUC ) is a stock worth...
Analysis Article Sep 17

Here's Why Lucara Diamond (TSE:LUC) Is Weighed Down By Its Debt Load

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 23

Lucara Diamond Corp.'s (TSE:LUC) Share Price Boosted 47% But Its Business Prospects Need A Lift Too

Lucara Diamond Corp. ( TSE:LUC ) shares have had a really impressive month, gaining 47% after a shaky period...
Analysis Article Feb 01

Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Dec 08

Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 16

Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Apr 29

Is Lucara Diamond (TSE:LUC) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 10

Lucara Diamond (TSE:LUC) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 23

A Look At The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

Does the April share price for Lucara Diamond Corp. ( TSE:LUC ) reflect what it's really worth? Today, we will estimate...

CEO Compensation Analysis

How has William Lamb's remuneration changed compared to Lucara Diamond's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$12m

Dec 31 2025US$2mUS$563k

US$26m

Sep 30 2025n/an/a

US$58m

Jun 30 2025n/an/a

US$51m

Mar 31 2025n/an/a

US$50m

Dec 31 2024US$2mUS$522k

US$44m

Sep 30 2024n/an/a

-US$19m

Jun 30 2024n/an/a

-US$8m

Mar 31 2024n/an/a

-US$14m

Dec 31 2023US$790kUS$211k

-US$5m

Compensation vs Market: William's total compensation ($USD1.92M) is above average for companies of similar size in the Canadian market ($USD499.17K).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.


CEO

William Lamb (54 yo)

2.8yrs
Tenure
US$1,923,035
Compensation

Mr. William Lamb, M.B.A., is Chairman of Calisto Cobre Resources Corp. Mr. Lamb serves as President and Chief Executive Officer and Director of Lucara Diamond Corp. since August 2023. He serves as Director...


Leadership Team

NamePositionTenureCompensationOwnership
William Lamb
President2.8yrsUS$1.92m0.030%
CA$ 98.6k
Glenn Kondo
Chief Financial Officer2.3yrsUS$1.26m0.0038%
CA$ 12.4k
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited13.2yrsUS$778.10k0.0084%
CA$ 27.5k
Johane Mchive
General Manager of the Karowe Mine8.9yrsUS$600.33k0.040%
CA$ 132.0k
Lauren Freeman
Vice President of Mineral Resources1.8yrsUS$611.99k0.0010%
CA$ 3.3k
Sophia Shane
Executive Officer of Corporate Developmentno datano datano data
Kendra Low
Corporate Secretary1yrno datano data
Robert Eriksson
Investor Relations & Public Relations Officer of Swedenno datano datano data
2.3yrs
Average Tenure
54yo
Average Age

Experienced Management: LUC's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Lamb
President2.8yrsUS$1.92m0.030%
CA$ 98.6k
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited13.2yrsUS$778.10k0.0084%
CA$ 27.5k
Paul Conibear
Independent Chairman19.1yrsUS$124.37k0.026%
CA$ 84.3k
Sheila Colman
Independent Director2yrsUS$110.16kno data
Ian Gibbs
Independent Director2yrsUS$115.17kno data
Peter O'Callaghan
Independent Director6yrsUS$109.80kno data
Adam Lundin
Independent Director4yrsUS$100.15k0.067%
CA$ 220.0k
Melissa Harmon
Independent Director1.3yrsUS$84.52kno data
3.4yrs
Average Tenure
56yo
Average Age

Experienced Board: LUC's board of directors are considered experienced (3.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 21:37
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lucara Diamond Corp. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard HatchBerenberg
Raj RayBMO Capital Markets Equity Research
Alexander Robert PearceBMO Capital Markets Equity Research