Jaguar Mining (OTCMKTS:JAGGF) Announces Earnings Results, Beats Expectations By $0.10 EPS

Key Points

• Jaguar Mining (OTCMKTS:JAGGF) reported an earnings per share (EPS) of $0.21 for the quarter, exceeding the consensus estimate of $0.11 by $0.10.
• The company experienced a negative net margin of 3.73% and a positive return on equity of 0.02%.
• Jaguar Mining's shares fell $0.04 to $3.09, with a market capitalization of $245.15 million.

Jaguar Mining (OTCMKTS:JAGGF - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.10, Zacks reports. Jaguar Mining had a positive return on equity of 1.39% and a negative net margin of 17.87%. The firm had revenue of $35.83 million for the quarter, compared to the consensus estimate of $51.68 million.

Jaguar Mining Stock Up 0.6%

OTCMKTS:JAGGF traded up $0.02 during midday trading on Monday, hitting $3.09. The stock had a trading volume of 4,052 shares, compared to its average volume of 52,031. Jaguar Mining has a one year low of $1.39 and a one year high of $4.50. The company has a market capitalization of $245.27 million, a price-to-earnings ratio of -9.66 and a beta of 1.04. The stock has a 50-day moving average of $2.80 and a 200 day moving average of $2.35.

Jaguar Mining Company Profile

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company's principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.