Jaguar Mining (OTCMKTS:JAGGF) Releases Earnings Results, Misses Expectations By $0.15 EPS

Jaguar Mining (OTCMKTS:JAGGF) released its quarterly earnings results on Tuesday. The company reported ($0.04) 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 for the quarter, compared to analyst estimates of $33.90 million.

Jaguar Mining Price Performance

JAGGF traded up $0.03 during trading on Thursday, reaching $5.24. The company had a trading volume of 22,902 shares, compared to its average volume of 114,054. Jaguar Mining has a 12 month low of $1.63 and a 12 month high of $7.05. The business’s fifty day moving average price is $5.90 and its 200 day moving average price is $5.18. The company has a market cap of $447.13 million, a P/E ratio of -27.58 and a beta of 0.91.

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.