In this deep dive series, we discuss Luca Mining (TSXV: LUCA / OTCQX: LUCMF), a company that runs two 100%-owned mines in Mexico, that are Campo Morado and Tahuehueto. In 2025, revenue hit US$176.8M, adjusted EBITDA US$46.0M, and free cash flow before working capital of US$20.8M. The cash then rose to US$36.4M in Q1 2026 as debt fell to about US$1.4M. In this video we checks the official numbers, payable vs produced metal, the share structure, and whether the bull-case targets survive a real-world model. Not financial advice, know more with the full episode now.
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Full written analysis at the original article here: