Jaguar Mining (OTCMKTS:JAGGF) Announces Earnings Results

Jaguar Mining (OTCMKTS:JAGGF) posted its earnings results on Wednesday. The company reported $0.10 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.10, reports. The company had revenue of $44.59 million during the quarter, compared to analyst estimates of $52.39 million. Jaguar Mining had a positive return on equity of 10.69% and a negative net margin of 11.66%.

Jaguar Mining Stock Performance

Jaguar Mining stock traded down $0.38 during mid-day trading on Friday, reaching $4.89. 56,060 shares of the company were exchanged, compared to its average volume of 100,631. The business has a fifty day moving average of $5.30 and a 200 day moving average of $5.34. The firm has a market cap of $417.26 million, a P/E ratio of -27.17 and a beta of 0.91. Jaguar Mining has a 12-month low of $2.20 and a 12-month high of $7.05.

Jaguar Mining Company Profile

Jaguar Mining (OTCMKTS:JAGGF) is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.