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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 | 144.39M | 158.63M | 136.53M | 142.50M | 151.47M | 160.25M |
| Gross Profit | 68.84M | 59.50M | 32.48M | 38.10M | 60.04M | 85.74M |
| EBITDA | 2.16M | 35.43M | 42.97M | 49.70M | 53.93M | 103.02M |
| Net Income | -25.81M | -1.29M | 15.85M | 21.44M | 24.05M | 72.28M |
Balance Sheet | ||||||
| Total Assets | 347.40M | 345.00M | 309.12M | 288.13M | 259.88M | 249.77M |
| Cash, Cash Equivalents and Short-Term Investments | 50.71M | 47.80M | 22.04M | 25.21M | 40.37M | 38.91M |
| Total Debt | 5.54M | 6.95M | 5.84M | 7.00M | 6.89M | 5.78M |
| Total Liabilities | 115.48M | 105.46M | 68.85M | 71.11M | 58.58M | 60.07M |
| Stockholders Equity | 231.92M | 239.53M | 240.27M | 217.02M | 201.29M | 189.70M |
Cash Flow | ||||||
| Free Cash Flow | 15.88M | 23.76M | -687.00K | -3.40M | 10.81M | 43.91M |
| Operating Cash Flow | 40.55M | 57.35M | 36.04M | 40.77M | 45.04M | 78.67M |
| Investing Cash Flow | -25.94M | -30.68M | -35.78M | -43.72M | -27.00M | -34.75M |
| Financing Cash Flow | -3.15M | -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 |
|---|---|---|---|---|---|---|---|
56 Neutral | $477.83M | 5.84 | -10.56% | ― | 2.33% | -185.29% | |
56 Neutral | C$826.01M | -49.09 | ― | ― | ― | -175.00% | |
55 Neutral | C$458.69M | -508.57 | ― | ― | ― | 50.00% | |
51 Neutral | C$451.11M | -75.35 | ― | ― | ― | -23.08% | |
41 Neutral | C$278.07M | -8.87 | ― | ― | ― | 21.61% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Jaguar Mining Corporate Events
Jaguar Mining reported its second quarter 2025 financial results, highlighting a solid performance from its Pilar mine, the sole operational site following the temporary suspension of the Turmalina mine. Despite a year-over-year decrease in total production due to Turmalina’s absence, Pilar’s output increased by 11% compared to the first quarter of 2025, driven by higher head grades and operational efficiency improvements. The company experienced a net loss of $6.6 million, but adjusted net income, excluding expenses from an incident at the MTL complex, was $16.8 million. The realized gold price increased significantly, partially offsetting the impact of lower sales volumes on revenue and margins.
Jaguar Mining Inc. has received federal authorization from Brazil’s National Mining Agency to begin essential preparatory work at its Turmalina mine, which has been suspended since December 2024 due to an incident. This approval, along with a municipal permit, allows Jaguar to proceed with safety prerequisites necessary for a phased restart of production, expected in early 2026. The company is also finalizing an agreement with the Public Prosecutor’s Office to confirm safety and settle a lawsuit related to the incident. These developments mark significant progress in Jaguar’s efforts to resume operations, reflecting its commitment to regulatory safety and environmental responsibility.
Jaguar Mining Inc. has announced significant progress in its exploration activities at the BA zone within the Pilar mine in Brazil, reporting high-grade gold intercepts. The latest drilling results have confirmed the presence of substantial gold mineralization at depth, with the BA zone expected to contribute approximately 50% of the mine’s total production. This development underscores the zone’s potential as a key growth driver for Jaguar, enhancing its resource base and strengthening its position in the mining industry.
Jaguar Mining Inc. has successfully negotiated a significant reduction in an environmental fine with the State of Minas Gerais, Brazil, settling for BRL59,988,878.25 instead of the initial R$320 million. This settlement not only strengthens Jaguar’s financial position but also underscores its commitment to responsible corporate conduct and proactive engagement. The agreement includes provisions for socio-environmental projects and a structured payment plan, providing financial flexibility and operational continuity for the company.
Jaguar Mining Inc. reported its second quarter 2025 operating results, highlighting a consolidated gold production of 10,973 ounces, primarily from the Pilar mine. The temporary suspension of operations at the Turmalina mine due to a regulatory incident affected output compared to the previous year. The company demonstrated resilience with improved efficiency at the Pilar mine, strategic development progress, and increased drilling productivity. Jaguar’s cash position improved to $48.3 million, aided by favorable gold prices, reflecting its strong financial management and commitment to stakeholder engagement.
Jaguar Mining Inc. announced the successful passage of all resolutions at its Annual and Special Meeting of shareholders. The election of directors, appointment of auditors, and re-approval of the company’s stock option plan were all approved by significant margins. This outcome reinforces the company’s governance structure and supports its strategic initiatives as it continues its operations and planned expansions in Brazil.
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.