Jaguar Mining (TSE:JAG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Jaguar Mining reported a slight decrease in gold production and sales for the third quarter of 2024, but benefited from a significant 29% increase in gold prices compared to the previous year. Despite a 12% reduction in operating costs, the company’s net income decreased due to higher sustaining capital investments. However, adjusted net income showed a positive outcome when excluding litigation provisions.
For further insights into TSE:JAG stock, check out TipRanks’ Stock Analysis page.
