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LUCA REPORTS RECORD NET QUARTERLY REVENUE IN Q2 2024 OF US$18.2 MILLION, UP 49% YEAR-OVER-YEAR
LUCA REPORTS RECORD NET QUARTERLY REVENUE IN Q2 2024 OF US$18.2 MILLION, UP 49% YEAR-OVER-YEAR ...
About this update from Luca Mining Corp
[{"type":"text","content":"\n\n\n\n LUCA REPORTS RECORD NET QUARTERLY REVENUE IN Q2 2024 OF US$18.2 MILLION, UP 49% YEAR-OVER-YEAR\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 29, 2024\n \n\n /CNW/ -\n \n Luca Mining Corp.\n \n (\"\n \n Luca\n \n \" or the \"\n \n Company\n \n \") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce its financial results for the six months ended\n \n June 30, 2024\n \n .\n \n\n\n Highlights\n \n\n\n\n\n Record Net Quarterly Revenue for Q2 2024 of\n \n US$18.2 million\n \n , up 49% from Q2 2023.\n \n Total Net Revenue for the six months ended\n \n June 30, 2024\n \n , of\n \n US$34.5 million\n \n , an increase of 33% over the same 2023 period.\n \n\n\n\n Positive Net Earnings of\n \n US$4.7 million\n \n for Q2 2024, an increase of 217% over Q2 2023.\n \n\n\n Q2 Earnings per share (\"EPS\") increased 130% over the same 2023 period at\n \n US$0.03\n \n per share. Total Net Earnings for the six months ended\n \n June 30, 2024\n \n , were\n \n US$10.0 million\n \n , a 303% increase over the same 2023 period with EPS increasing 175% to\n \n US$0.06\n \n .\n \n\n\n\n Cash flow from Operations:\n \n US$739,000 in positive cash flow from operations, with cash flow from operations before working capital changes at\n \n US$3.4 million\n \n .\n \n\n\n\n Positive EBITDA and Adjusted EBITDA\n \n\n\n :\n \n US$6.1 million\n \n in positive EBITDA and\n \n US$4.1 million\n \n in positive Adjusted EBITDA for Q2\n \n\n\n\n Production of 13,947 troy oz of gold equivalent:\n \n being comprised of 4,278 ounces of gold, 188,267 ounces of silver, 3,125 tonnes of zinc, 706 tons of copper and 667 tonnes of...