Lucky Friday Extn Mining Co.
LFEX
Other OTC0.00
USD
+0.00
- -
ISIN
US5495261019
Return %
Stock
S&P500
1Y
-99.00
26.53
3Y
-99.00
76.60
5Y
-99.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 905 North Pines Road Spokane Valley WA United States of America 99206
- IPO Date
- Sep 10, 2009
- Similar Companies
- Business
- Lucky Friday Extn Mining Co. Lucky Friday Extension Mining Co. (LFEX) engages in the exploration of mineral properties, primarily focusing on silver deposits in the Coeur d'Alene Mining District of northern Idaho; it holds interests in extension areas adjacent to the historic Lucky Friday mine, including the Lucky Friday Expansion Area formerly known as the Gold Hunter vein system. The company explores polymetallic veins containing silver-bearing galena, tetrahedrite, sphalerite, chalcopyrite, pyrite, and accessory sulfosalt minerals such as pyrargyrite, stephanite, bournonite, and acanthite, hosted in clastic metasediment with gangue of siderite, calcite, and quartz. Based in Spokane Valley, Washington, it maintains strategic relationships with Hecla Mining Company Hecla Mining Company, which controls significant ownership in the expansion properties through subsidiaries like Hecla Limited (81.5%) and Silver Hunter Mining Company (18.5%), granting perpetual easements for crosscut access. Recent developments include ongoing involvement in the Lucky Friday mine's operational advancements, such as the completion of the deepest mine shaft in the United States at the site in May 2024 and the resumption of production in January 2024 following a temporary halt due to wildfire damage repairs in September 2023. Hecla, the primary operator of the adjacent Lucky Friday mine, implemented innovative mining techniques like underhand closed benching (UCB) and patented methods to manage seismicity, enabling record silver production levels post-2020 strike resolution. No major independent acquisitions, funding rounds, or product launches specific to LFEX appear in the last 1-2 years, with activities centered on property maintenance and assay programs supporting the broader district's silver-lead-zinc output.