Jaguar Mining 2023: Solid Profits Amidst Challenges

Jaguar Mining Inc. (TSE:JAG) has released an update.

Jaguar Mining Inc. reported its 2023 annual results with a full-year gold production of 70,704 ounces at an all-in sustaining cost of $1,618 per ounce, and a net income of $15.9 million. Despite a slight revenue drop of 4% compared to the previous year, due to lower production, the company benefited from higher gold prices and cost management, ending the year with a $22 million cash position.

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