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Luca Mining

www: lucamining.com   email: ir@lucamining.com
Category: Junior: Emerging Mid-tier Producer
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Symbol Data

Symbol Currency
CVE:LUCA CAD
OTCMKTS:LUCMF USD

Description

Luca Mining are a gold focused junior, emerging mid-tier producer with two producing mines in Mexico. Currently they produce roughly 65koz. of gold per year. They have approximately 2.5Moz. of gold in the reserves and resources category of which 1.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$100.95M which is a rise of roughly 48% over the last eight months. As of 06/06/2024 they have ~C$12M debt and ~C$3.58M cash. They have 207M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 04/09/2024
Last
Analysis
Data

Current Data
Item Value Value Updated
MCap (FD): $68.38M $100.95M 09/06/2024
Total Assets: $59.59M $58.00M 04/09/2024
Total Liabilities: $30.16M $29.36M 04/09/2024
Current Assets: $7.36M $7.16M 04/09/2024
Current Liabilities: $25.01M $24.35M 04/09/2024
Total Debt: $17.66M $12.17M 06/06/2024
Cash: $3.68M $3.58M 04/09/2024
Enterprise Value: $82.36M $109.55M 06/21/1973
Cash Flow: $41.77M $62.76M never
Cash Flow Multiple: 1.64 1.61 never
Net Debt to
Cash Flow Ratio:
0.33 0.14 never
Finance within 1 year: 04/09/2024
Misc 04/09/2024
Last
Analysis
Data

Current Data
Item Value Value Updated
Shares Outstanding: 165,857,644 207,000,000 09/06/2024
Shares (FD): 224,000,000 266,000,000 09/06/2024
Insider Ownership: n/a 60% 11/15/2024
Dividend (Annual): n/a n/a never
Company Type: Mostly Gold Mostly Gold never
Production ETA: n/a 06/01/2020 04/09/2024
Production (Gold Eq Oz.): (guess) 
65,000
(guess) 
65,000
04/09/2024
Production (Silver Eq Oz.): (guess) 
5,489,149
(guess) 
5,549,776
04/09/2024
Initial CapEx (Outstanding): $37.00M
54.11% of MCap
$37.00M
36.65% of MCap
04/09/2024
Funding Option: n/a n/a 04/09/2024
Documentation: none PRODUCER 11/15/2024
Future MCap Modifier: 0.15
Producer: Average
0.15
Producer: Average
04/24/2023
Cash Flow Multiplier: 6 7 06/06/2024

Resource Data

GOLD 04/09/2024
Last Analysis Data

Current Data
Item Value Value Updated
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 0.75M 0.75M 04/09/2024
Measured & Indicated: 1.50M 1.50M 04/09/2024
Inferred: 0.20M 1.00M 04/09/2024
Reserves & Resources: 1.70M 2.50M never
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.60M 0.60M 04/09/2024
Measured & Indicated: 1.08M 1.08M 04/09/2024
Inferred: 0.08M 0.40M 04/09/2024
Reserves & Resources: 1.16M 1.48M never
C
U
R
R
E
N
T
Annual Production: (guess) 
65,000oz.
(guess) 
65,000oz.
04/09/2024
Cash Cost: $1,200 $1,200 04/09/2024
Extra Operating Cost: $500 $500 04/09/2024
Total: $1,700 $1,700 04/09/2024
Margin (Free Cash Flow): $643 (27%) $966 (36%)
G
R
A
D
E
Underground (Avg): 3.00 g/t 3.00 g/t 04/09/2024
Open Pit (Avg): n/a 1.70 g/t 03/25/2024
Recovery Rate: (CG)  80.00% (CG)  80.00% 11/15/2024
F
U
T
U
R
E
Proven & Probable: 1.50M 2.00M 06/06/2024
Annual Production: 75,000oz. 100,000oz. 06/06/2024
Cash Cost: $1,200 $1,250 06/06/2024
Extra Operating Cost: $500 $550 06/06/2024
SILVER 04/09/2024
Last Analysis Data

Current Data
Item Value Value Updated
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 04/09/2024
Measured & Indicated: n/a n/a 04/09/2024
Inferred: n/a n/a 04/09/2024
Reserves & Resources: n/a n/a never
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 04/09/2024
Measured & Indicated: n/a n/a 04/09/2024
Inferred: n/a n/a 04/09/2024
Reserves & Resources: n/a n/a never
C
U
R
R
E
N
T
Annual Production: n/a n/a
Cash Cost: n/a n/a 04/09/2024
Extra Operating Cost: n/a n/a 04/09/2024
Total: n/a n/a 04/09/2024
Margin (Free Cash Flow): n/a
G
R
A
D
E
Underground (Avg): n/a n/a 04/09/2024
Open Pit (Avg): n/a n/a 04/10/2023
Recovery Rate: n/a n/a 04/09/2024
F
U
T
U
R
E
Proven & Probable: n/a n/a 04/09/2024
Annual Production: n/a n/a 04/09/2024
Cash Cost: n/a n/a 04/09/2024
Extra Operating Cost: n/a n/a 04/09/2024

Property

Last Analysis Data  (04/09/2024)
Stage Name Owned Au Ag Cu Notes
Prod Campo Morado 100% show
2.2 million oz deposit (gold and silver)

Producer
Prod Tahuehueto 100% show
Pre-feasibility study completed.

Very economical at a $32 million capex
NPV of $70 million.
Low cash costs.
Total Land Package Size (ha): 7,500  
Current Data
Stage Name Owned Au Ag Cu Notes
Prod Campo Morado 100% show
2.2 million oz deposit (gold and silver)

Producer
Prod Tahuehueto 100% show
Pre-feasibility study completed.

Very economical at a $32 million capex
NPV of $70 million.
Low cash costs.
Total Land Package Size (ha): 7,500  

Profitability (by resource)

Proven &
Probable
04/09/2024
Last Analysis Data

Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 0.75M 0.75M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.60M 0.60M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $385.56M $579.36M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $385.56M $579.36M n/a
Max Profit / Current MCap: 5.638 5.739 n/a
Max Profit Per Share (Gold): $1.72 $2.18 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $1.72 $2.18 n/a
Total Free Profit Per Share: $1.31 $1.65 n/a
FD MCap / Gold Eq.: $113.97 $168.25 n/a
FD MCap / Silver Eq.: $1.35 $1.97 n/a
FD MCap / Per Metal
as % Spot Price:
4.87% 6.31% n/a
Measured &
Indicated
04/09/2024
Last Analysis Data

Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 1.50M 1.50M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.08M 1.08M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $694.01M $1,042.85M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $694.01M $1,042.85M n/a
Max Profit / Current MCap: 10.149 10.330 n/a
Max Profit Per Share (Gold): $3.10 $3.92 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $3.10 $3.92 n/a
Total Free Profit Per Share: $2.68 $3.39 n/a
FD MCap / Gold Eq.: $63.32 $93.47 n/a
FD MCap / Silver Eq.: $0.75 $1.09 n/a
FD MCap / Per Metal
as % Spot Price:
2.70% 3.51% n/a

Reserves &
Resources
04/09/2024
Last Analysis Data

Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 1.70M 2.50M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.16M 1.48M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $745.42M $1,429.09M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $745.42M $1,429.09M n/a
Max Profit / Current MCap: 10.900 14.156 n/a
Max Profit Per Share (Gold): $3.33 $5.37 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $3.33 $5.37 n/a
Total Free Profit Per Share: $2.91 $4.84 n/a
FD MCap / Gold Eq.: $58.95 $68.21 n/a
FD MCap / Silver Eq.: $0.70 $0.80 n/a
FD MCap / Per Metal
as % Spot Price:
2.52% 2.56% n/a

Future Valuation (Cash Flow & Totals)

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