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An update from Jaguar Mining ( (TSE:JAG) ) is now available.
Jaguar Mining Inc. has announced a strategic 5,000-meter directional drilling program at its Pilar Mine, set for 2026, with the goal of discovering over 500,000 ounces of new gold resources. This initiative is a continuation of successful exploration results from the BA Zone and aims to extend the life of the mine by targeting deep extensions of high-grade zones, potentially transforming the company’s resource base and enhancing its long-term production capabilities.
The most recent analyst rating on (TSE:JAG) stock is a Hold with a C$6.50 price target. To see the full list of analyst forecasts on Jaguar Mining stock, see the TSE:JAG Stock Forecast page.
Spark’s Take on TSE:JAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:JAG is a Neutral.
Jaguar Mining’s overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability. Technical analysis provides some positive signals with a strong upward trend, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh heavily on the score.
To see Spark’s full report on TSE:JAG stock, click here.
More about Jaguar Mining
Jaguar Mining Inc. operates in the mining industry, focusing primarily on gold exploration and production. The company is known for its high-grade gold assets, particularly in Brazil’s Iron Quadrangle, where it aims to expand its mineral resource base.
YTD Price Performance: 141.25%
Average Trading Volume: 268,613
Technical Sentiment Signal: Buy
Current Market Cap: C$492.3M
Find detailed analytics on JAG stock on TipRanks’ Stock Analysis page.