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Luca Mining (TSXV:LUCA) 3-Month Share Buyback Ratio : -18.71% (As of Sep. 2024 )


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What is Luca Mining 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Luca Mining's current 3-Month Share Buyback Ratio was -18.71%.


Competitive Comparison of Luca Mining's 3-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Luca Mining's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Luca Mining's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Luca Mining's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Luca Mining's 3-Month Share Buyback Ratio falls into.


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Luca Mining 3-Month Share Buyback Ratio Calculation

Luca Mining's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(166.840 - 198.053) / 166.840
=-18.71%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Luca Mining  (TSXV:LUCA) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Luca Mining 3-Month Share Buyback Ratio Related Terms


Luca Mining Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6
Luca Mining Corp is a Canadian-based mining company engages s the production of base metals and the acquisition, exploration and development of resource properties in Mexico. Luca Mining is currently in commercial production at its 100% owned Campo Morado Mine, processing approximately 2,000 tons per day through the mine milling facilities producing zinc and copper concentrates with gold, silver, and lead as by-products. In addition, Luca owns a 100% interest in the Tahuehueto Project.
Executives
Lp Calu Opportunity Fund 10% Security Holder
Paul Dunstan Gray Senior Officer
Daniel Barnholden Senior Officer
Christopher Richings Senior Officer
Ramon Perez Senior Officer

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