$LUCA.V
8 stories mentioning LUCA.V
Every FINWIRES story that references LUCA.V, newest first.
Vizsla Silver Appoints Guillermo Hernandez as Vice President of Exploration and Promotes Jesus Velador to Chief Geologist
Vizsla Silver (VZLA.TO, VZLA) appointed Guillermo Hernandez as its Vice President of Exploration following the promotion of Jesus Velador to the role of Chief Geologist, it said Thursday.U.S.-listed shares of the company were last seen down 1.6% at US$3.33 in pre-market trading. Hernandez has held senior leadership roles with Lundin Gold (LUG.TO), Luca Mining (LUCA.V) and Outcrop Silver & Gold (OCG.V), bringing 20 years of international mineral exploration expertise, it said.Shares of the company closed up 3.3% to C$4.65 on Wednesday on the Toronto Stock Exchange.
Luca Mining Announces Intention to Launch Normal Course Issuer Bid
Luca Mining (LUCA.V) on Thursday said it will launch a normal course issuer bid, to repurchase and cancel up to 13.75-million shares, approximately 5% of the current issued and outstanding shares.The NCIB is expected to being on May 21 and run for 12 months.Shares of the company closed down $0.06 at $1.3 on TSX Venture Exchange on Thursday.
Luca Mining Maintained at Buy at Stifel Canada After Campo Morado Drill Results; Price Target Kept at C$4.00
Stifel Canada on Wednesday maintained its buy rating on the shares of Luca Mining (LUCA.V) and its C$4.00 price target following drilling results from its Campo Morado mine in Mexico." Luca reported underground drill results from Campo Morado's Largo Norte zone with a weighted average grade of 2.05g/t Au, ~20% above Campo Morado's current M&I gold grade of 1.70g/t Au. Polymetallic intercepts adjacent to existing underground infrastructure support potential for lower capital intensity mineable tonnes with the drilling extending mineralization beyond the current resource boundary. We view the results as supportive of Campo Morado's upcoming 2H26 LoM plan update and expansion study, which outlines a potential path to double group production from ~55kozpa AuEq in 2026 to ~110kpa AuEq by 2029 via production growth and improved recoveries. At 0.23x LT P/NAV versus junior peers at 0.57x, or 5.4x 2026 P/CF versus junior peers at 7.8x, we continue to see multiple expansion potential as the Campo Morado Expansion project and the upcoming mine plan update improve visibility on Luca's growth profile," analyst Cole McGill wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1.33, Change: $-0.04, Percent Change: -2.92%
Luca Mining Provides New Underground Drill Results From Ongoing Exploration Program at Campo Morado Polymetallic VMS mine in Guerrero State
Luca Mining's (LUCA.V) underground drillhole CMUG-26-37 through CMUG-26-41, from its ongoing exploration program at the Campo Morado polymetallic VMS mine in Guerrero State, Mexico, targeted the Largo Norte zone and "successfully" intersected mineralization in each of these drillholes from this unmined zone, it said Tuesday.Underground drillhole CMUG-26-38 intersected 118.2 metres (m) of 2.53 grams per tonne (g/t) gold (Au), 77.89 g/t silver (Ag), 0.76% copper (Cu), 0.57% lead (Pb) and 1.99% zinc (Zn) from 179.9m, defining expanded mineralization in the unmined Largo Norte zone. Underground drillhole CMUG-26-39 intersected 100.7m of 2.80 g/t Au, 90.72 g/t Ag, 0.59% Cu, 0.71% Pb and 2.59% Zn from 113.0m, expanding previously defined mineralization in the unmined Largo Norte zone.The company's underground drillhole CMUG-26-37 intersected 77.1m of 2.31 g/t Au, 47.05 g/t Ag, 0.77% Cu, 0.24% Pb and 0.96% Zn from 182.0m and underground drillhole CMUG-26-41 intersected 71.0m of 1.57 g/t Au, 20.12 g/t Ag, 0.72% Cu, 0.07% Pb and 0.39% Zn from 113.5m.Drilling continues at Reforma and El Rey, in conjunction with on-going underground drilling planned to target the Largo, Largo Norte, Naranjo and Fish deposits, which all contribute to the 2026-2028 mine plans, it added.Shares of the company closed up 1.5% to $1.4 on Monday on the TSX Venture Exchange.
Luca Mining Details Intersections at Largo Norte Zone, Campo Morado Mine
Luca Mining Maintained at Buy at Stifel Canada After Q1 Production Results; Price Target Kept at C$4.00
Stifel Canada on Wednesday maintained its buy rating on the shares of Luca Mining (LUCA.V) and its C$4.00 price target after the company reported first-quarter production results."Luca reported mixed 1Q26 production results with weaker gold output partially offset by stronger silver, while overall AuEq production came in modestly below expectations. Importantly, the quarter was highlighted by a significant balance sheet improvement, with cash increasing ~40% QoQ to $36.4MM driven by strong operating cash flow. An increased cash balance positions the company to more feasibly self fund upcoming growth initiatives in the Campo Morado Expansion and operational improvements at Tahuehueto. We continue to view LUCA as a mispriced growth story with a pathway to ~100% production growth through the Campo Morado Expansion and transition to higher-grade mining fronts towards the end of the decade. LUCA currently trades at 0.25x LT P/NAV versus junior peers at 0.63x, or 5.7x 2026 P/CF versus junior peers at 8.5x," analyst Cole McGill wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $1.50, Change: $+0.07, Percent Change: +4.55%
Luca Mining "Materially" Strengthens Balance Sheet, Reports "Robust" Production in Q1
Luca Mining (LUCA.V) said Tuesday that it continued to "materially" strengthen its balance sheet as it booked "robust" production in the first quarter.The company said it increased its cash position to about C$36.4 million as of March 31, compared to $25.5 million at year-end 2025, driven by strong operating cash flow.This was supplemented by about $2.1 million in proceeds from warrant and option exercises and net realized gains of approximately $3.6 million from silver call options, Luca added.Luca noted these options were implemented to re-establish exposure to high silver prices.As previously disclosed in the company's Q4 financial results, debt has been reduced to approximately $1.4 million, with the remaining balance expected to be fully repaid by mid-2026.In further details on production, the company said its payable and consolidated silver production totaled 272,962 ounces of silver, 4,046 ounces of gold, 639,000 pounds of lead, 8.5 million pounds of zinc and 1.6 million pounds of copper.Produced and consolidated metal production stood at 354,612 ounces of silver, 5,179 ounces of gold, 2.4 million pounds of lead, 10.8 million pounds of zinc and 2.1 million pounds of copper."With a significantly strengthened balance sheet, Luca is well positioned to continue executing on its growth strategy, including advancing exploration, operational optimization, and broader corporate initiatives," Chief Executive Officer Dan Barnholden said.Shares in LUCA were down $0.04 or 2.6% at $1.49 in Canada yesterday.