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Last C$0.06 CAD
Change Today -0.01 / -14.29%
Volume 26.6K
LGC On Other Exchanges
As of 12:46 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

luna gold corp (LGC) Snapshot

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52 Week High
09/3/14 - C$0.88
52 Week Low
09/3/15 - C$0.05
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luna gold corp (LGC) Details

Luna Gold Corp. engages in the acquisition, exploration, development, and operation of gold properties in Brazil. Its principal project, the Aurizona gold mine comprises 1 mining license and 3 exploration permits covering an area of approximately 15,500 hectares located in Maranhao, Brazil. The company also holds interest in the Luna Greenfields exploration property, which covers an area of approximately 190,000 hectares in Brazil. The company was formerly known as, Inc. and changed its name to Luna Gold Corp. in August 2003. Luna Gold Corp. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Founded in 1986

luna gold corp (LGC) Top Compensated Officers

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luna gold corp (LGC) Key Developments

Luna Gold Corp. Announces Unaudited Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015

Luna Gold Corp. announced unaudited earnings and operating results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss of $2.8 million, loss per share - basic and fully diluted of $0.02, cash flow used in operating activities after changes in working capital of $1.4 million. For the six months, the company reported net loss of $6.1 million, loss per share - basic and fully diluted of $0.04, cash flow from operating activities after changes in working capital of $8.0 million. For the quarter, the company reported gold production was 12,830 ounces compared to 14,262 ounces a year ago. For the six months, the company reported gold produced was 31,620 compared to 33,676 ounces a year ago.

Luna Gold Corp. Closes the Previously Announced $30 Million Financing with Pacific Road Resources Funds

Luna Gold Corp. has closed the previously announced $30 million financing with Pacific Road Resources Funds, as part of which Luna's gold steam and debt facility with Sandstorm Gold Ltd. were restructured. Concurrently with closing of the Luna Restructuring, Luna repaid and settled its debt facility with Société Générale (Canada Branch) and Mizuho Corporate Bank. Luna expects to use the remainder of the proceeds from the Luna Restructuring to commence an infill drilling program, prepare engineering studies and submit updated permits at its Aurizona project in Brazil and for general working capital and corporate purposes.

Luna Gold Corp. Announces Executive Changes

Luna Gold Corp. announced that as part of the restructuring plan, there have been changes to the composition of Luna's Board of Directors. Mr. Rob Pease, P.Geo. and Mr. Dan Wilton have been added to the Board while Mr. Wayne Kirk and Dr. Bill Lindqvist are stepping down. Mr. Pease has more than 30 years of experience in global exploration and mine development. He was most recently President and CEO of Sabina Gold and Silver Corp. from November 2011 until his retirement in February 2015.


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