Stock Analysis

Luca Mining Full Year 2023 Earnings: Misses Expectations

TSXV:LUCA
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Luca Mining (CVE:LUCA) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$68.3m (up 15% from FY 2022).
  • Net loss: CA$15.0m (loss widened by 29% from FY 2022).
  • CA$0.14 loss per share.
earnings-and-revenue-growth
TSXV:LUCA Earnings and Revenue Growth May 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Luca Mining Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 50%. Earnings per share (EPS) also missed analyst estimates by 36%.

The company's shares are down 4.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for Luca Mining (2 are significant!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.