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Bullboard - Stock Discussion Forum Luca Mining Corp V.LUCA

Alternate Symbol(s):  LUCMF

Luca Mining Corp. is a diversified Canadian mining company with two 100%-owned producing mines in Mexico. It produces gold, silver, zinc, copper and lead from these mines that each have considerable development and resource upside. Its operations include Tahuehueto and Campo Morado. Tahuehueto project is in the northwest portion of the state of Durango, about 250 kilometers (km) northwest of... see more

TSXV:LUCA - Post Discussion

Luca Mining Corp > Polymetallic Production = Built-In Hedge for LUCA
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Post by MarketMakerss on Sep 03, 2024 3:41pm

Polymetallic Production = Built-In Hedge for LUCA

Boasting polymetallic production including gold, copper, silver, zinc and lead, LUCA Mining (LUCA.v LUCMF) offers a built-in hedge with two producing mines, Campo Morado and Tahuehueto: https://x.com/LucaMining/status/1830992609713758626

 

Expected to produce 60,000–70,000 ounces of gold with plans in place to double production from both assets by next year, LUCA's multi-metal strategy provides a significant advantage for the company.

 

Notably, LUCA recently reported net quarterly revenue in Q2 2024 of US$18.2 million, up 49% year-over-year, and marking the continuation of a strong trend, achieving positive net income, positive EBITDA and positive Adjusted EBITDA for the second quarter in a row as it ramps up production: https://www.reddit.com/r/RichTogether/comments/1f4e8ya/luca_mining_tsxv_luca_is_showing_impressive/

 

Posted on Behalf of Luca Mining Corp.

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