Jaguar Mining (OTCMKTS:JAGGF) Posts Quarterly Earnings Results, Hits Estimates

Jaguar Mining (OTCMKTS:JAGGF) posted its quarterly earnings data on Wednesday. The company reported $0.10 earnings per share for the quarter, hitting the consensus estimate 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 during the quarter, compared to analyst estimates of $52.39 million.

Jaguar Mining Stock Performance

Shares of JAGGF stock traded down $0.38 during mid-day trading on Friday, hitting $4.89. The company’s stock had a trading volume of 62,786 shares, compared to its average volume of 100,953. The company’s fifty day simple moving average is $5.30 and its 200-day simple moving average is $5.34. Jaguar Mining has a 52 week low of $2.20 and a 52 week high of $7.05. The company has a market cap of $417.26 million, a PE ratio of -27.17 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.