Altaley Mining Corporation (TSE:LUCA)
:LUCA
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Altaley Mining Corporation
(LUCA)
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Select Model
Rating:52Neutral
Price Target:
C$2.00
▲(34.23% Upside)
Action:ReiteratedDate:02/04/26
The score is held back primarily by weak financial performance—ongoing losses and negative free cash flow despite revenue growth and improved leverage. Technicals provide the main support, with strong upward price momentum and moving-average confirmation. Valuation remains pressured because the company is unprofitable (negative P/E) and no dividend yield is available.
Positive Factors
Revenue growth & gross margin
Sustained revenue growth with a material gross margin improvement indicates stronger top-line demand or better cost-of-goods management. Over 2–6 months this supports durability of operations, provides runway for scaling, and improves the prospects of reaching overall profitability if operating costs are controlled.
Negative Factors
Negative free cash flow
Persistent negative free cash flow and declining FCF growth create structural liquidity pressure. Over several months this can force external financing, restrict discretionary investments, raise funding costs, or lead to dilution—limiting the company's ability to execute development or sustain operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & gross margin
Sustained revenue growth with a material gross margin improvement indicates stronger top-line demand or better cost-of-goods management. Over 2–6 months this supports durability of operations, provides runway for scaling, and improves the prospects of reaching overall profitability if operating costs are controlled.
Read all positive factors
Altaley Mining Corporation (LUCA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$407.47M
Dividend YieldN/A
Average Volume (3M)401.85K
Price to Earnings (P/E)―
Beta (1Y)1.29
Revenue Growth115.63%
EPS Growth-615.54%
CountryCA
Employees111
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding273,473,140
10 Day Avg. Volume357,571
30 Day Avg. Volume401,849
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)1.37
Price to Sales (P/S)0.85
P/FCF Ratio-106.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.00Price Target Upside168.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.1
Revenue Forecast (FY)C$253.13M
Altaley Mining Corporation Business Overview & Revenue Model
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, lead, and copper deposits, as well as base and precious metals. It holds 100% ...
How the Company Makes Money
Altaley Mining Corporation generates revenue through the sale of precious metals, primarily gold and silver, extracted from its mining operations. The company’s revenue model is based on mining and processing these minerals, which are then sold in...
Altaley Mining Corporation Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 158.34M | 110.38M | 68.28M | 59.21M | 69.68M | 23.16M |
| Gross Profit | 38.80M | 22.49M | 1.47M | 3.01M | 34.26M | -138.00K |
| EBITDA | -21.86M | -3.52M | -6.43M | -4.78M | 26.72M | -6.09M |
| Net Income | -39.75M | -14.28M | -15.00M | -11.61M | 36.27M | -11.62M |
Balance Sheet | ||||||
| Total Assets | 220.60M | 194.12M | 147.06M | 133.20M | 108.81M | 52.92M |
| Cash, Cash Equivalents and Short-Term Investments | 15.93M | 14.68M | 2.72M | 1.15M | 6.96M | 4.53M |
| Total Debt | 16.30M | 73.13M | 48.71M | 52.29M | 50.05M | 43.79M |
| Total Liabilities | 95.60M | 125.54M | 92.18M | 104.84M | 78.13M | 79.64M |
| Stockholders Equity | 62.95M | 68.58M | 54.88M | 28.36M | 30.67M | -26.71M |
Cash Flow | ||||||
| Free Cash Flow | -2.40M | -880.89K | -13.43M | -11.19M | -13.92M | -3.15M |
| Operating Cash Flow | 22.02M | 6.62M | -641.00K | 1.99M | 4.07M | -3.45M |
| Investing Cash Flow | -23.79M | -7.50M | -12.79M | -11.88M | -17.99M | 1.27M |
| Financing Cash Flow | 6.13M | 12.90M | 13.72M | 7.62M | 16.98M | 2.85M |
Altaley Mining Corporation Technical Analysis
Negative
1.49
Price Trends
1.73
Negative
1.57
Negative
1.55
Negative
Market Momentum
-0.10
Negative
47.44
Neutral
92.93
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LUCA, the sentiment is Negative. The current price of 1.49 is above the 20-day moving average (MA) of 1.48, below the 50-day MA of 1.73, and below the 200-day MA of 1.55, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 92.93 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LUCA.
Altaley Mining Corporation Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$924.38M | 82.35 | -0.35% | ― | ― | -57.63% | |
52 Neutral | C$407.47M | -6.62 | -52.42% | ― | 115.63% | -615.54% | |
51 Neutral | C$1.02B | -35.22 | -39.41% | ― | ― | 11.83% | |
48 Neutral | C$533.56M | -118.64 | -5.64% | ― | ― | -67.96% | |
44 Neutral | C$485.97M | -25.43 | 13.55% | ― | ― | -41.18% | |
43 Neutral | C$404.95M | -60.29 | 1280.38% | ― | 61.24% | ― |
* General Sector Average
TSE:LUCA
Altaley Mining Corporation
1.40
0.24
20.69%
TSE:ETG
Entree Gold
2.34
0.34
17.00%
TSE:OM
Osisko Metals Incorporated
1.24
0.88
239.73%
TSE:NCX
NorthIsle Copper and Gold
3.03
2.32
326.76%
TSE:REG
Regulus Resources
4.09
2.12
107.61%
TSE:TI
Titan Mining Corporation
4.03
3.48
626.13%
Altaley Mining Corporation Corporate Events
Business Operations and Strategy
Luca Mining Uncovers Thick High-Grade Mineralization at El Rey to Bolster Campo Morado Mine Life
Positive
Jan 30, 2026
Luca Mining has reported strong initial Phase 2 drill results from the El Rey deposit at its Campo Morado mine, marking the first drilling there in more than 14 years and confirming thick, high-grade gold- and silver-rich VMS mineralization close ...
Business Operations and Strategy
Luca Mining Named to 2026 OTCQX Best 50 as Mexican Operations Advance
Positive
Jan 20, 2026
Luca Mining Corp., a Canadian multi-asset miner with producing gold, silver, copper, zinc and lead operations at its Campo Morado and Tahuehueto underground mines in Mexico’s Sierra Madre belt, continues to advance operational optimization a...
Business Operations and StrategyFinancial Disclosures
Luca Mining Hits 2025 Production Targets and Bolsters Balance Sheet
Positive
Jan 19, 2026
Luca Mining Corp. has confirmed that it met or exceeded its revised 2025 production guidance for gold, silver, zinc, copper and lead across its Campo Morado and Tahuehueto mines in Mexico, underscoring stable operations at Campo Morado and a conti...
Business Operations and Strategy
Luca Mining Hits Wide High-Grade Gold Zones at Campo Morado and Expands Drilling
Positive
Jan 12, 2026
Luca Mining has reported strong Phase 2 exploration results from its Campo Morado mine, with surface drilling at the Reforma Deposit intersecting wide, high-grade, gold-rich VMS zones, including 55.8 metres grading 5.90 g/t gold equivalent and 25....
Business Operations and StrategyFinancial Disclosures
Luca Mining Corp. Reports Strong Q3 2025 Growth and Strategic Investments
Positive
Nov 18, 2025
In the third quarter of 2025, Luca Mining Corp. reported significant year-over-year growth in production and revenue, driven by increased throughput and higher metal prices. The company achieved a positive net free cash flow of $5.3 million despit...
Business Operations and Strategy
Luca Mining Corp. Launches $25 Million Gold Exploration Program
Positive
Nov 12, 2025
Luca Mining Corp. has announced a three-year, US$25 million exploration program aimed at unlocking significant gold potential at its Campo Morado and Tahuehueto sites in Mexico. The program involves 80,000 metres of diamond drilling and utilizes A...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.