Jaguar Mining ( (TSE:JAG) ) has shared an update.
Jaguar Mining Inc. reported a decrease in gold production for the first quarter of 2025, producing 9,923 ounces solely from the Pilar mine, down from 16,177 ounces in the same period last year due to the suspension of operations at the Turmalina mine. Despite this, the Pilar mine showed improved performance with a 6% increase in production and a 15% improvement in head grade. The company is actively working on development and drilling at the Pilar mine to increase production and offset the loss from Turmalina. The incident at Turmalina highlighted the safety and environmental benefits of dry-stack tailings disposal, with no injuries or significant environmental impacts reported. Jaguar is also advancing rehabilitation work at the Santa Isabel mine to initiate a test mining program, aiming to deliver Paciência tonnes to the Caeté plant by the third quarter of 2025.
Spark’s Take on TSE:JAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:JAG is a Neutral.
Jaguar Mining’s strong balance sheet and improved cash flow are significant strengths, though profitability challenges weigh on the overall score. Corporate events such as increased mineral reserves offer positive long-term growth prospects. However, the bearish technical indicators and poor valuation metrics reflect current market skepticism.
To see Spark’s full report on TSE:JAG stock, click here.
More about Jaguar Mining
Jaguar Mining Inc. is a company in the mining industry, primarily focused on gold production. Its operations are centered around the Pilar and Turmalina mines, with a market focus on gold extraction and production.
YTD Price Performance: 3.55%
Average Trading Volume: 46,748
Technical Sentiment Signal: Strong Buy
Current Market Cap: $144.3M
See more insights into JAG stock on TipRanks’ Stock Analysis page.