Top Page
Jaguar Mining
(TSX:JAG)
Jaguar Mining (JAG) vs. iShares MSCI Canada ETF (EWC)
Jaguar Mining Business Overview & Revenue Model
Jaguar Mining Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 153.34M | 158.63M | 136.53M | 142.50M | 151.47M | 160.25M | Gross Profit |
| 66.36M | 59.50M | 32.48M | 38.10M | 60.04M | 85.74M | EBIT |
| 13.74M | 13.00M | 21.21M | 31.29M | 34.79M | 86.93M | EBITDA |
| 27.27M | 35.43M | 42.97M | 49.70M | 53.93M | 103.02M | Net Income Common Stockholders |
| -5.72M | -1.29M | 15.85M | 21.44M | 24.05M | 72.28M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 42.21M | 47.80M | 22.04M | 25.21M | 40.37M | 38.91M | Total Assets |
| 339.05M | 345.00M | 309.12M | 288.13M | 259.88M | 249.77M | Total Debt |
| 5.15M | 6.95M | 5.84M | 7.00M | 6.89M | 5.78M | Net Debt |
| -35.19M | -39.41M | -16.20M | -18.20M | -33.48M | -33.13M | Total Liabilities |
| 101.11M | 105.46M | 68.85M | 71.11M | 58.58M | 60.07M | Stockholders Equity |
| 237.93M | 239.53M | 240.27M | 217.02M | 201.29M | 189.70M |
| Cash Flow | Free Cash Flow | ||||
| 19.26M | 23.76M | -687.00K | -3.40M | 10.81M | 43.91M | Operating Cash Flow |
| 48.98M | 57.35M | 36.04M | 40.77M | 45.04M | 78.67M | Investing Cash Flow |
| -31.10M | -30.68M | -35.78M | -43.72M | -27.00M | -34.75M | Financing Cash Flow |
| -4.04M | -2.74M | -3.45M | -9.78M | -16.30M | -17.17M |
Jaguar Mining Technical Analysis
Jaguar Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $295.84M | 5.84 | -2.38% | ― | 18.33% | -138.14% | |
51 Neutral | $2.01B | -1.27 | -21.11% | 5.15% | 2.92% | -30.46% | |
| $247.54M | ― | -53.17% | ― | ― | ― | ||
| $186.65M | ― | -6.29% | ― | ― | ― | ||
56 Neutral | C$343.66M | ― | -64.22% | ― | ― | 18.12% | |
55 Neutral | C$249.34M | 53.85 | -0.81% | ― | ― | 12.63% | |
| $202.01M | ― | -143.63% | ― | ― | ― |
Jaguar Mining Corporate Events
Jaguar Mining Inc. has announced key management changes to support its growth strategy, appointing Luis Albano Tondo as Deputy CEO, who will transition to CEO in August 2025. The company also named Marina Fagundes de Freitas as Interim CFO following the departure of Alfred Colas. These changes aim to strengthen leadership and ensure a smooth transition, with implications for continued stability and progress in Jaguar’s operations.
Jaguar Mining reported its financial results for the first quarter of 2025, highlighting a challenging period as the company operated solely from its Pilar mine due to the temporary suspension of the Turmalina mine. Gold production and revenue decreased compared to the previous year, but higher gold prices helped offset some losses. The company reported a net loss for the quarter but maintained a strong cash position, which provides flexibility to address ongoing challenges and continue development efforts. Rehabilitation work has also begun at the Santa Isabel mine, with potential for future production.
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.
Jaguar Mining reported its financial results for the fourth quarter and full year 2024, highlighting the impact of a significant incident at its MTL complex, which led to a temporary suspension of operations at the Turmalina mine. Despite this setback, the company achieved increased revenues due to higher gold prices and managed to maintain strong financial health through effective cost management and favorable exchange rates. The incident resulted in a net loss for the quarter, but adjusted net income was positive when excluding specific expenses. The company is actively working to resume operations safely and continues to demonstrate resilience in challenging circumstances.
Jaguar Mining Inc. has announced a significant 63% increase in its Proven and Probable Mineral Reserves, bringing the total to 764,000 ounces, largely due to the addition of reserves from the Onças de Pitangui project. This update aligns with the company’s organic growth strategy, despite operational challenges at the MTL Complex, and suggests a promising future for increased gold production, which is expected to extend well beyond 2030, benefiting stakeholders and enhancing the company’s industry positioning.
Jaguar Mining Inc. has reached an agreement with the Public Defender’s Office of Minas Gerais to compensate local community members affected by an incident at its Satinoco dry-stacked pile in Brazil. The agreement ensures compensation for various damages and losses, reinforcing Jaguar’s commitment to responsible mining and community relations. This step is seen as a positive move towards reopening the Turmalina mine, benefiting the local community and stakeholders.