Jaguar Mining (TSE:JAG) has released an update.
Jaguar Mining Inc. has reported a promising increase in gold production, achieving 17,244 ounces in the second quarter of 2024, marking a 7% improvement from the previous quarter and a 3% rise from the same quarter last year. The production boost included a notable contribution from the newly operational Faina project. The firm’s financial health also appears robust, with a significant 42% jump in cash reserves to $37.4 million, underpinned by higher gold prices and profitable sales.
For further insights into TSE:JAG stock, check out TipRanks’ Stock Analysis page.
