Jaguar Mining (OTCMKTS:JAGGF) Issues Earnings Results

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

Jaguar Mining Stock Down 7.2%

Jaguar Mining stock traded down $0.38 during midday trading on Friday, reaching $4.89. The stock had a trading volume of 56,060 shares, compared to its average volume of 100,631. Jaguar Mining has a 12 month low of $2.20 and a 12 month high of $7.05. The firm’s 50-day moving average price is $5.30 and its 200 day moving average price is $5.34. The firm has a market capitalization of $417.26 million, a PE ratio of -27.17 and a beta of 0.91.

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.