Luca Mining Future Growth

Future criteria checks 4/6

Luca Mining is forecast to grow earnings and revenue by 41.7% and 17.9% per annum respectively while EPS is expected to grow by 37.9% per annum.

Key information

41.7%

Earnings growth rate

37.92%

EPS growth rate

Metals and Mining earnings growth	18.1%
Revenue growth rate	17.9%
Future return on equity	n/a
Analyst coverage	Good
Last updated	28 Apr 2026

Recent future growth updates

Recent updates

Analysis Article • Jan 30

Even With A 33% Surge, Cautious Investors Are Not Rewarding Luca Mining Corp.'s (CVE:LUCA) Performance Completely

Luca Mining Corp. ( CVE:LUCA ) shareholders have had their patience rewarded with a 33% share price jump in the last...

Analysis Article • Dec 25

Luca Mining's (CVE:LUCA) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Analysis Article • Oct 28

Take Care Before Jumping Onto Luca Mining Corp. (CVE:LUCA) Even Though It's 26% Cheaper

Luca Mining Corp. ( CVE:LUCA ) shareholders won't be pleased to see that the share price has had a very rough month...

Analysis Article • Apr 26

Luca Mining Corp.'s (CVE:LUCA) Shares Climb 34% But Its Business Is Yet to Catch Up

Luca Mining Corp. ( CVE:LUCA ) shares have continued their recent momentum with a 34% gain in the last month alone. The...

Analysis Article • Mar 02

The Market Lifts Luca Mining Corp. (CVE:LUCA) Shares 32% But It Can Do More

Luca Mining Corp. ( CVE:LUCA ) shares have continued their recent momentum with a 32% gain in the last month alone. The...

Analysis Article • Jan 08

There's No Escaping Luca Mining Corp.'s (CVE:LUCA) Muted Revenues Despite A 33% Share Price Rise

Luca Mining Corp. ( CVE:LUCA ) shares have continued their recent momentum with a 33% gain in the last month alone. The...

Analysis Article • Oct 27

Luca Mining Corp.'s (CVE:LUCA) Shares Bounce 29% But Its Business Still Trails The Industry

Luca Mining Corp. ( CVE:LUCA ) shareholders would be excited to see that the share price has had a great month, posting...

Analysis Article • Sep 11

A Piece Of The Puzzle Missing From Luca Mining Corp.'s (CVE:LUCA) 27% Share Price Climb

Luca Mining Corp. ( CVE:LUCA ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...

Analysis Article • Oct 14

Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Analysis Article • Apr 17

Even With A 30% Surge, Cautious Investors Are Not Rewarding Luca Mining Corp.'s (CVE:LUCA) Performance Completely

Luca Mining Corp. ( CVE:LUCA ) shares have had a really impressive month, gaining 30% after a shaky period beforehand...

Analysis Article • Mar 31

There's Been No Shortage Of Growth Recently For Luca Mining's (CVE:LUCA) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Analysis Article • Dec 07

Altaley Mining's (CVE:ATLY) Earnings Aren't As Good As They Appear

The latest earnings release from Altaley Mining Corporation ( CVE:ATLY ) disappointed investors. We did some digging...

Analysis Article • Sep 01

Altaley Mining (CVE:ATLY) Shareholders Will Want The ROCE Trajectory To Continue

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

Earnings and Revenue Growth Forecasts

TSXV:LUCA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2028	356	139	25	174	5
12/31/2027	289	63	4	107	6
12/31/2026	254	50	25	82	5
12/31/2025	177	-21	10	37	N/A
9/30/2025	138	-16	2	23	N/A
6/30/2025	121	-19	8	23	N/A
3/31/2025	103	-11	4	11	N/A
12/31/2024	87	-10	1	7	N/A
9/30/2024	66	-12	-9	-5	N/A
6/30/2024	59	4	-14	-8	N/A
3/31/2024	53	-5	-11	-2	N/A
12/31/2023	51	-11	-9	1	N/A
9/30/2023	50	-11	-2	7	N/A
6/30/2023	50	-12	0	8	N/A
3/31/2023	48	-9	-4	1	N/A
12/31/2022	44	-9	-8	1	N/A
9/30/2022	44	9	-9	6	N/A
6/30/2022	50	18	-13	3	N/A
3/31/2022	55	26	-14	5	N/A
12/31/2021	55	29	-11	3	N/A
9/30/2021	47	5	-9	-3	N/A
6/30/2021	39	5	0	4	N/A
3/31/2021	27	-5	-1	-1	N/A
12/31/2020	18	-9	-3	-3	N/A
9/30/2020	11	-20	-2	-1	N/A
6/30/2020	7	-25	-6	-6	N/A
3/31/2020	9	-23	-1	1	N/A
12/31/2019	16	-23	1	3	N/A
9/30/2019	26	-6	N/A	1	N/A
6/30/2019	33	-4	N/A	10	N/A
3/31/2019	32	-4	N/A	5	N/A
12/31/2018	24	-5	N/A	2	N/A
9/30/2018	14	-111	N/A	-2	N/A
6/30/2018	6	-137	N/A	-10	N/A
3/31/2018	N/A	-1	N/A	-9	N/A
12/31/2017	N/A	-2	N/A	-7	N/A
9/30/2017	N/A	109	N/A	-3	N/A
6/30/2017	N/A	133	N/A	-2	N/A
3/31/2017	N/A	-3	N/A	-4	N/A
12/31/2016	N/A	-3	N/A	-3	N/A
8/31/2016	N/A	-2	N/A	-2	N/A
5/31/2016	N/A	-1	N/A	-2	N/A
2/29/2016	N/A	-1	N/A	-1	N/A
11/30/2015	N/A	-1	N/A	-1	N/A
8/31/2015	N/A	0	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUCA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3%).

Earnings vs Market: LUCA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LUCA is expected to become profitable in the next 3 years.

Revenue vs Market: LUCA's revenue (17.9% per year) is forecast to grow faster than the Canadian market (4.8% per year).

High Growth Revenue: LUCA's revenue (17.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LUCA's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/11 19:21
End of Day Share Price	2026/05/08 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Luca Mining Corp. is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Bandrowski	Beacon Securities Limited
Philip Ker	Canaccord Genuity
Carey MacRury	Canaccord Genuity

Luca Mining Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 28%

No longer forecast to breakeven

Price target increased by 16% to CA$2.30

Forecast to breakeven in 2025

Luca Mining Corp. Provides Production Guidance for the Full Year 2025

Luca Mining Corp. Provides Production Guidance for the Year 2025

Recent updates

Luca Mining Corp Reports New Assay Results from Ongoing 2026 Drilling Program At Tahuehueto Gold-Silver Mine

Director recently sold CA$350k worth of stock

Director recently sold CA$242k worth of stock

Director recently sold CA$608k worth of stock

Full year 2025 earnings: EPS and revenues exceed analyst expectations

Luca Mining Corp. Announces Executive Changes

Luca Mining Corp Reports New Assay Results from Ongoing Drilling Program At Tahuehueto Gold-Silver Mine in Durango, Mexico

Luca Mining Corp Advances Study to Optimize Campo Morado and Increase Gold and Silver Production

Luca Mining Corp. Announces New Underground Drill Results from its Ongoing Exploration Program at the Campo Morado Polymetallic VMS Mine in Mexico

Even With A 33% Surge, Cautious Investors Are Not Rewarding Luca Mining Corp.'s (CVE:LUCA) Performance Completely

Luca Mining Corp. Reports New Drill Results from Its Ongoing Phase 2 Exploration Program At Campo Morado Polymetallic Vms Mine in Guerrero State, Mexico

Luca Mining Corp. Drills 55.8 Metres of 5.90 G/T AuEq at Campo Morado - Confirms Near-Grade High-Grade Mineralization and Expands Exploration Program

Luca Mining's (CVE:LUCA) Returns On Capital Not Reflecting Well On The Business

Less than half of directors are independent

Luca Mining Corp. Reports New Underground and Surface Diamond Drilling Results from Its Ongoing Exploration Programs At the Tahuehueto Gold-Silver Mine in Durango, Mexico

Third quarter 2025 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 28%

New major risk - Revenue and earnings growth

No longer forecast to breakeven

Take Care Before Jumping Onto Luca Mining Corp. (CVE:LUCA) Even Though It's 26% Cheaper

Luca Mining Corp. Intersects High-Grade Gold at Reforma, Including 13 Metres of 11.4 Grands Per Tonne Gold Equity

Luca Mining Confirms Full Operational Continuity at Tahuehueto Mine Following Environmental Inspection

Chief Executive Officer exercised options to buy CA$403k worth of stock.

Price target increased by 16% to CA$2.30

Insider recently sold CA$511k worth of stock

Independent Chairman of the Board exercised options to buy CA$322k worth of stock.

Luca Mining Corp., Annual General Meeting, Nov 13, 2025

Luca Mining Corp. (TSXV:LUCA) executed a purchase agreement to acquire Humaya 3 Mining Concession, located adjacent to Tahuehueto Mine in Durango, Mexico from Minera Mexicana La Ciénega, S.A. de C.V. for $0.4 million.

Forecast to breakeven in 2025

Luca Mining Corp. Provides Production Guidance for the Full Year 2025

Second quarter 2025 earnings released

Director recently sold CA$426k worth of stock

Luca Mining Corp. Drills 15 Metres of 5.4 G/T Gold and 8.4% Zinc At Campo Morado

Independent Chairman of the Board recently bought CA$98k worth of stock

Luca Mining Corp. Announces Management Changes

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Luca Mining Corp. Announces Drill Results from the Next Seven Underground Diamond Drill Holes of an Ongoing 5,000 Metre Phase One Exploration Drill Program At the Campo Morado Polymetallic Vms Mine in Mexico

Luca Mining Corp. Announces Analytical Results from the Next Nine Underground Diamond Drill Holes of an Ongoing 5,000 Metre Exploration Drill Program At the Tahuehueto Gold-Silver Mine in Durango State, Mexico

Director recently sold CA$76k worth of stock

Luca Mining Corp.'s (CVE:LUCA) Shares Climb 34% But Its Business Is Yet to Catch Up

Chief Executive Officer exercised options to buy CA$1.8m worth of stock.

Luca Mining Corp. Announces Chief Operating Officer Changes, Effective April 24, 2025

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Luca Mining Corp. Provides Production Guidance for the Year 2025

Consensus EPS estimates increase by 86%

The Market Lifts Luca Mining Corp. (CVE:LUCA) Shares 32% But It Can Do More

New major risk - Shareholder dilution

Chief Operating Officer exercised options to buy CA$243k worth of stock.

New major risk - Shareholder dilution

Chief Executive Officer exercised options to buy CA$270k worth of stock.

There's No Escaping Luca Mining Corp.'s (CVE:LUCA) Muted Revenues Despite A 33% Share Price Rise

High number of new directors

Third quarter 2024 earnings released: CA$0.015 loss per share (vs CA$0.033 loss in 3Q 2023)

Luca Mining Corp.'s (CVE:LUCA) Shares Bounce 29% But Its Business Still Trails The Industry

Luca Mining Corp. Provides Update on Campo Morado Improvement Project

Luca Mining Corp., Annual General Meeting, Dec 16, 2024

Luca Mining Corp. announced that it has received CAD 11.306775 million in funding from Term Oil Inc.

Luca Mining Corp. announced that it has received CAD 8.55 million in funding

Benign Growth For Luca Mining Corp. (CVE:LUCA) Underpins Stock's 26% Plummet

Luca Mining Corp. announced that it expects to receive CAD 8.55 million in funding

Second quarter 2024 earnings released: EPS: CA$28.18 (vs CA$0.083 loss in 2Q 2023)

Does Luca Mining (CVE:LUCA) Have A Healthy Balance Sheet?

Luca Mining Corp. Announces Chief Executive Officer Changes

Investors Holding Back On Luca Mining Corp. (CVE:LUCA)

First quarter 2024 earnings released: EPS: CA$0.045 (vs CA$0.036 loss in 1Q 2023)

Luca Mining Corp. Confirms New High-Grade Gold Zones with Significant Mining Widths at the Tahuehueto Gold Mine

Luca Mining Corp. Confirms New High-Grade Gold Zones with Significant Mining Widths At the Tahuehueto Gold Mine

Luca Mining Corp. Reports Metallurgical Test Work for New Copper Concentrate At Campo Morado

Full year 2023 earnings: EPS and revenues miss analyst expectations