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Luca Mining Corp (LUCA) Fair Value & Analysis

Basic Materials · CA · Market cap C$317M

LM Luca Mining Corp LUCA · V
PriceC$0.9500
Fair ValueC$1.05
Upside+11.0%
Quality35/100
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Mixed Growth
Loss-making · -6.7% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/12)
Narrow moat 42/100
Evidence: Medium Range C$0.5865 – C$1.37 Share as image

Fair value as of: Jul 17, 2026

From 13 valuation models · updated 24 days ago

Share price −2.1% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • A fairly wide model range (C$0.5865 to C$1.37) leaves room in how you read the outcome.
  • Our model range runs from C$0.5865 (bear) to C$1.37 (bull), base C$1.05. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 35/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

C$6.40 C$0.2200 Fair Value C$1.05 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range C$0.2200 – C$6.40 · fair‑value band C$0.5865 – C$1.37 · the C$0.9500 price screens below the C$1.05 fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Luca Mining Corp (LUCA) currently trades at C$0.9500, while our model-based Fair Value estimate is C$1.05, implying the stock looks roughly 11.0% undervalued today. The Quality Score stands at 35/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Luca Mining Corp generated revenue of C$193M at a net margin of -6.7%. Revenue grew 39.9% year over year. It earns a return on equity of -17.9%. Net debt stands at C$6.8M. Fundamentals as of Jul 17, 2026

Our scenario range runs from C$0.5865 (bear case) to C$1.37 (bull case); at C$0.9500, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at 11%, LUCA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF C$0.5600 C$0.9000 C$1.44 80
Rev-Margin DCF C$0.8200 C$1.45 C$2.78 74
ROIC Compounder C$0.7900 C$1.05 C$1.35 72
All 13 models by family
DCF Models
FCF DCF C$0.5900 C$0.8200 C$1.52 38
5Y Revenue Exit C$0.7500 C$1.28 C$2.41 39
5Y EBITDA Exit C$0.9700 C$1.73 C$3.23 41
10Y Revenue Exit C$0.6700 C$1.47 C$2.01 36
10Y EBITDA Exit C$0.8400 C$1.91 C$3.81 37
Earnings-Based
EPV C$0.6700 C$0.7500 C$0.8200 59
Multiples
EV/EBIT C$1.06 C$1.39 C$1.72 53
EV/EBITDA C$1.13 C$1.48 C$1.82 54
EV/Revenue C$0.7600 C$1.05 C$1.34 43
Asset-Based
NCAV (Graham) C$0.1100 C$0.1400 C$0.2100 50
Growth DCF
Growth DCF C$0.5600 C$0.9000 C$1.44 80
Rev-Margin DCF C$0.8200 C$1.45 C$2.78 74
Economic Profit
ROIC Compounder C$0.7900 C$1.05 C$1.35 72

Widest divergence: DCF Models (C$1.47) versus Asset-Based (C$0.1400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) C$193M
Revenue growth (YoY) +39.9%
Net margin -6.7%
Return on equity -17.9%
Free cash flow C$10.2M FY2025
Operating margin 29.2%
More key figures
EPS (TTM) C$-0.0800
EPS growth (YoY) +104%
Net debt C$6.8M FY2024

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 3

Profitability 24
Margins and returns on capital today
Quality Growth 78
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 9
Disciplined investing over empire-building
Low Volatility 1
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Luca Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in North America. The company explores for gold, silver, zinc, concentrate, lead, and copper deposits, as well as base and precious metals.

Full company description

Luca Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in North America. The company explores for gold, silver, zinc, concentrate, lead, and copper deposits, as well as base and precious metals. It holds 100% interest in the Campo Morado mine that consists of six mining concessions covering an area of approximately 12,090 hectares located in Guerrero state, Mexico; and 100 % interest the Tahuehueto covering an area of approximately 7,492 hectares located in Durango State, Mexico. The company was formerly known as Altaley Mining Corporation and changed its name to Luca Mining Corp. in March 2023. Luca Mining Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Luca Mining Corp reported revenue of C$177M in FY2025 versus C$54.7M in FY2021, a compound +34.1%/yr. Reported net income was −C$21.1M in FY2025.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$177M
Latest YoY
+102.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+59.4%
Revenue +34.1%/yr
FY21 C$54.7M
FY22 C$43.6M
FY23 C$50.6M
FY24 C$87.3M
FY25 C$177M
Net income
FY21 C$28.4M
FY22 −C$8.6M
FY23 −C$11.1M
FY24 −C$10.4M
FY25 −C$21.1M

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Cite: Fair Value Calculator (2026). "Luca Mining Corp Fair Value". https://www.fairvalue-calculator.com/stock/LUCA

Peer Group

Other Industrial Metals & Mining · 475 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Below median
Fair Value upside +11% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) -7% · Bottom 25%
Operating margin (TTM) 29% · Top 25%
Revenue growth 40% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/B 3.86× · Pricier than 75% of peers
P/S (TTM) 1.18× · Cheaper than median
P/FCF 22.2× · Pricier than 75% of peers
EV/EBITDA 4.3× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 48 · sector 0
FUTURE 100 · sector 23
PAST 0 · sector 0
HEALTH 98 · sector 96
DIVIDEND 0 · sector 21

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is Luca Mining Corp (LUCA) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of C$1.05 versus a price of C$0.9500, about +11% (undervalued).
What is the fair value of LUCA?
Our model-based fair value for Luca Mining Corp is C$1.05 (as of Jul 17, 2026), built from audited fundamentals. The current price is C$0.9500.
What is the quality score of LUCA?
Luca Mining Corp has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Luca Mining Corp (LUCA)?
Luca Mining Corp reported trailing-twelve-month revenue of about C$193M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of LUCA?
The net profit margin of Luca Mining Corp is about -6.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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