Luca Mining swings to Q2 profit of $10.5 million; revenue rises 47% to $58.4 million vs Q2 FY25
Reuters2026/08/17 13:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Luca Mining posted Q2 net earnings of $10.5 million, swinging from a net loss of $3.2 million a year earlier.
- Revenue rose 47% year over year to $58.4 million, including $1.9 million of negative provisional pricing adjustments.
- Adjusted EBITDA (non-IFRS) more than doubled to $14.3 million.
- Operating cash flow before working-capital changes totaled $13.9 million; free cash flow before working-capital changes was $2.6 million.
- CEO Dan Barnholden said first-half spending exceeded $21 million on underground development, infrastructure, exploration, while debt was substantially reduced.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Luca Mining Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: VA27222) on August 17, 2026, and is solely responsible for the information contained therein.
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