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

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

Jaguar Mining Stock Down 3.0%

JAGGF stock traded down $0.16 during trading on Thursday, hitting $5.05. 23,752 shares of the company’s stock traded hands, compared to its average volume of 114,244. The stock has a market capitalization of $430.92 million, a price-to-earnings ratio of -26.58 and a beta of 0.91. Jaguar Mining has a 52 week low of $1.63 and a 52 week high of $7.05. The stock has a fifty day moving average price of $5.90 and a two-hundred day moving average price of $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.