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Jaguar Mining ( (TSE:JAG) ) has issued an update.
Jaguar Mining Inc. reported a decline in gold production for the fourth quarter and full year 2024, primarily due to operational disruptions at the Turmalina mine. Despite these challenges, the company saw an increase in its cash position, driven by higher gold prices, and maintained production at its Pilar mine. Development activities and in-house diamond drilling also showed resilience, suggesting potential recovery and strategic adjustments moving forward.
More about Jaguar Mining
Jaguar Mining Inc. operates in the mining industry, focusing on the extraction and production of gold. The company is listed on the Toronto Stock Exchange and OTCQX, with active operations at the Pilar mine while facing temporary suspension issues at the Turmalina mine.
YTD Price Performance: -4.99%
Average Trading Volume: 86,407
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $123.7M
For an in-depth examination of JAG stock, go to TipRanks’ Stock Analysis page.
