Jaguar Mining (OTCMKTS:JAGGF) Announces Quarterly Earnings Results

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

Jaguar Mining Stock Performance

Shares of OTCMKTS:JAGGF traded down $0.38 during trading on Friday, reaching $4.89. The stock had a trading volume of 62,786 shares, compared to its average volume of 100,631. The stock has a market cap of $417.26 million, a price-to-earnings ratio of -27.17 and a beta of 0.91. The firm’s fifty day moving average is $5.30 and its 200 day moving average is $5.34. Jaguar Mining has a 52 week low of $2.20 and a 52 week 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.