Jaguar Mining (OTCMKTS:JAGGF) Announces Earnings Results

Jaguar Mining (OTCMKTS:JAGGF) issued its earnings results on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15), Zacks reports. Jaguar Mining had a positive return on equity of 3.72% and a negative net margin of 10.83%.The business had revenue of $38.04 million during the quarter, compared to the consensus estimate of $33.90 million.

Jaguar Mining Stock Performance

Shares of Jaguar Mining stock traded down $0.16 on Thursday, reaching $5.05. 23,835 shares of the company were exchanged, compared to its average volume of 114,244. The firm has a market cap of $430.92 million, a price-to-earnings ratio of -26.58 and a beta of 0.91. Jaguar Mining has a 1-year low of $1.63 and a 1-year high of $7.05. The company’s 50-day moving average is $5.90 and its two-hundred day moving average is $5.18.

About Jaguar Mining

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.