Last C$0.29 CAD
Change Today -0.05 / -14.71%
Volume 1.3M
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As of 4:00 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

luna gold corp (LGC) Snapshot

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11/4/13 - C$1.67
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10/31/14 - C$0.27
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luna gold corp (LGC) Details

Luna Gold Corp. is engaged in the acquisition, exploration, development, and operation of gold properties in Brazil. Its principal project, the Aurizona project 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 220,000 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

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $228.4K
Vice President of Corporate Development
Total Annual Compensation: $193.9K
Total Annual Compensation: $387.8K
Compensation as of Fiscal Year 2013.

luna gold corp (LGC) Key Developments

Luna Gold Engages Canaccord Genuity To Evaluate Strategic Alternatives

The Board of Directors of Luna Gold Corp. (TSX:LGC) has engaged Canaccord Genuity Corp. as its financial advisor to assist in its evaluation of proposals and strategic alternatives available. The Special Committee engaged Blake, Cassels & Graydon LLP as its legal counsel.

Luna Eyes Strategic Alternatives

Luna Gold Corp. (TSX:LGC) is explore all strategic alternatives. Luna has established a special committee comprising independent members of the Luna board of directors with a mandate to explore all strategic alternatives, including the terms thereof, available to the corporation to offer greater value to Luna's shareholders. The special committee will evaluate proposals and other alternatives, and will provide advice and make recommendations to Luna's board of directors regarding any such potential transactions. Wayne Kirk, Steven Krause, Bill Lindqvist and Federico Schwalb have been appointed as members of the special committee.

Luna Gold Corp. Announces Unaudited Operating Results at the Aurizona Gold Mine for the Third Quarter Ended September 30, 2014

Luna Gold Corp. announced unaudited operating results at the Aurizona Gold Mine for the third quarter ended September 30, 2014. For the quarter, the company reported processed ore of 582,040 tonnes against 540,194 tonnes a year ago. Average grade processed was 1.30 g/t compared to 1.32 g/t a year ago. Average recovery was 88% compared to 90% a year ago. Gold produced was 20,188 ounces against 20,997 ounces a year ago. Gold sales were 17,535 ounces against 19,812 ounces a year ago.


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Price/Earnings 4.7x
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