Jaguar Mining (OTCMKTS:JAGGF) Shares Down 4.4% - Here's Why

Key Points

• Jaguar Mining shares fell 4.4% on Thursday to $5.16 with 67,676 shares traded (about 16% below average); the stock's 50-day and 200-day moving averages are $5.64 and $5.29, and market cap is $440.3M.
• The company reported quarterly EPS of ($0.04), missing the $0.11 consensus by $0.15, while revenue of $38.04M beat estimates of $33.90M; Jaguar had a negative net margin of 11.66% but a positive ROE of 10.69%.
• Jaguar is a Canada-based junior gold producer focused on the Iron Quadrangle in Minas Gerais, Brazil, operating three underground mines (Turmalina, Caeté and Pilar) and aiming to grow into a mid-tier producer through asset optimization and exploration.

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report)'s stock price fell 4.4% on Thursday . The stock traded as low as $5.04 and last traded at $5.16. 67,676 shares traded hands during trading, a decline of 16% from the average session volume of 80,914 shares. The stock had previously closed at $5.40.

Jaguar Mining Price Performance

The stock's fifty day moving average price is $5.64 and its 200 day moving average price is $5.29. The stock has a market capitalization of $440.30 million, a P/E ratio of -28.67 and a beta of 1.09.

Jaguar Mining (OTCMKTS:JAGGF - Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.15). The company had revenue of $38.04 million for the quarter, compared to the consensus estimate of $33.90 million. Jaguar Mining had a negative net margin of 11.66% and a positive return on equity of 10.69%.

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.

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