Lumina Gold Liabilities 2024

Lumina Gold Liabilities

10.56 M USD

Lumina Gold Dividend yield

Ticker

LUM.V

ISIN

CA55026L3056

WKN

A2N5K0

In 2024, Lumina Gold's total liabilities amounted to 10.56 M USD, a 1,382.06% difference from the 712,690 USD total liabilities in the previous year.

Lumina Gold Aktienanalyse

What does Lumina Gold do?

Lumina Gold Corp is a Canadian company focused on exploration and development activities in the gold and copper properties in South America. It was founded in 2007 and has its headquarters in Vancouver, Canada. The history of Lumina Gold Corp began with the acquisition of the Ecuador properties from Lumina Copper Corp in 2016. The properties include the Cangrejos project located in the southwestern province of El Oro in Ecuador. The project hosts over 10 million ounces of gold resources and over 1.4 billion pounds of copper. Lumina Gold Corp's business model is to create value for shareholders through exploration and development of gold and copper properties in South America. The company utilizes advanced technologies and methods to explore and develop mineral resources on their properties. The company operates in six main projects. The first is the Cangrejos project, which is Lumina Gold Corp's flagship project. It is a gold-copper project with economically viable production and has the potential to become one of the largest gold mines in South America. The second project is the Pegasus project, located in the southeastern region of Ecuador. It is a gold project with varying amounts of gold and has the potential to become a major gold mine. The third project is the Condor project, located in Peru. It is a copper-gold project with significant potential and has the potential to become one of the largest copper-gold properties in Peru. The fourth project is the Orquideas project, also located in Ecuador. It is a gold-silver project and has the potential to become a major gold-silver property. The fifth project is the Granada project, located in Canada. It is a gold project with a mine development program and has the potential to become a producer. The sixth project is the La Antena project, located in Colombia. It is a gold-copper project and has the potential to become a significant producer. Lumina Gold Corp offers four products. The first product is gold. The company focuses on the exploration and development of gold properties and has the potential to become a major gold producer. The second product is copper. Lumina Gold Corp also has several copper properties in South America. The company has the potential to become one of the largest copper properties in Peru. The third product is silver. Lumina Gold Corp also has silver properties in South America. The company has the potential to become one of the largest silver properties in Ecuador. The fourth product is the mine development program. Lumina Gold Corp is developing the mine development program at the Granada property, which has the potential to become a producer. Overall, Lumina Gold Corp has the potential to become a major player in the gold and copper mining industry in South America. The company has an experienced management and exploration team that utilizes advanced technologies and methods to develop mineral resources on their properties. Lumina Gold Corp is also committed to providing value to their stakeholders through sustainable mining practices and job creation in the communities where they operate. Answer: Lumina Gold Corp is a Canadian company focused on exploration and development activities in gold and copper properties in South America. It was founded in 2007 and is headquartered in Vancouver, Canada. Lumina Gold ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Lumina Gold's Liabilities

Lumina Gold's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Lumina Gold's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Lumina Gold's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Lumina Gold's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Lumina Gold’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Lumina Gold Stock

What is the level of liabilities of Lumina Gold this year?

Lumina Gold has a debt balance of 10.56 M USD this year.

What were the liabilities of Lumina Gold compared to the previous year?

The liabilities of Lumina Gold have increased by 1,382.06% increased compared to the previous year.

What are the consequences of high debt for investors of Lumina Gold?

High liabilities can pose a risk for investors of Lumina Gold, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Lumina Gold?

Low liabilities mean that Lumina Gold has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Lumina Gold affect the company?

An increase in liabilities of Lumina Gold can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Lumina Gold affect the company?

A decrease in the liabilities of Lumina Gold can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Lumina Gold?

Some factors that can influence the liabilities of Lumina Gold include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Lumina Gold so important for investors?

The liabilities of Lumina Gold are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Lumina Gold take to modify the liabilities?

To change its liabilities, Lumina Gold can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Lumina Gold pay?

Over the past 12 months, Lumina Gold paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Lumina Gold is expected to pay a dividend of 0 USD.

What is the dividend yield of Lumina Gold?

The current dividend yield of Lumina Gold is .

When does Lumina Gold pay dividends?

Lumina Gold pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Lumina Gold?

Lumina Gold paid dividends every year for the past 0 years.

What is the dividend of Lumina Gold?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Lumina Gold located?

Lumina Gold is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Lumina Gold kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lumina Gold from 4/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did Lumina Gold pay the last dividend?

The last dividend was paid out on 4/23/2024.

What was the dividend of Lumina Gold in the year 2023?

In the year 2023, Lumina Gold distributed 0 USD as dividends.

In which currency does Lumina Gold pay out the dividend?

The dividends of Lumina Gold are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Lumina Gold

Our stock analysis for Lumina Gold Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lumina Gold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.