Executive Summary
Jaguar Mining Inc., a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold producing properties in Brazil.
Rewards
Risk Analysis
Earnings have declined by -15.96% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and overvalued.
Share Price & News
How has Jaguar Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JAG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.0%
JAG
0.8%
CA Metals and Mining
0.8%
CA Market
1 Year Return
11.9%
JAG
28.8%
CA Metals and Mining
10.6%
CA Market
Return vs Industry: JAG underperformed the Canadian Metals and Mining industry which returned 26.9% over the past year.
Return vs Market: JAG exceeded the Canadian Market which returned 10.1% over the past year.
Shareholder returns
| JAG | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.0% | 0.8% | 0.8% |
| 30 Day | 9.3% | 1.0% | 2.1% |
| 90 Day | 46.9% | 8.5% | 6.6% |
| 1 Year | 11.9%11.9% | 29.8%28.8% | 14.1%10.6% |
| 3 Year | -65.9%-65.9% | -0.5%-2.3% | 17.0%6.4% |
| 5 Year | -53.9%-53.9% | 30.0%25.8% | 38.5%18.2% |
Price Volatility Vs. Market
How volatile is Jaguar Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
How Many Jaguar Mining Inc. (TSE:JAG) Shares Did Insiders Buy, In The Last Year?1 month ago | Simply Wall St
Is Jaguar Mining (TSE:JAG) Using Debt Sensibly?2 months ago | Simply Wall St
Imagine Owning Jaguar Mining (TSE:JAG) And Trying To Stomach The 82% Share Price DropValuation
Is Jaguar Mining undervalued compared to its fair value and its price relative to the market?
1.03x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate JAG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate JAG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: JAG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: JAG is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JAG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JAG is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Jaguar Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
6.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if JAG's forecast earnings growth is above the savings rate (1.4%).
Earnings vs Market: Insufficient data to determine if JAG's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JAG's revenue (6.8% per year) is forecast to grow faster than the Canadian market (5% per year).
High Growth Revenue: JAG's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if JAG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Jaguar Mining performed over the past 5 years?
-16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JAG is currently unprofitable.
Growing Profit Margin: JAG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JAG is unprofitable, and losses have increased over the past 5 years at a rate of -16% per year.
Accelerating Growth: Unable to compare JAG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JAG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: JAG has a negative Return on Equity (-14.2%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Jaguar Mining's financial position?
Financial Position Analysis
Short Term Liabilities: JAG's short term assets ($38.4M) exceed its short term liabilities ($32.9M).
Long Term Liabilities: JAG's short term assets ($38.4M) exceed its long term liabilities ($35.7M).
Debt to Equity History and Analysis
Debt Level: JAG's debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: JAG's debt to equity ratio has reduced from 21.1% to 6.8% over the past 5 years.
Balance Sheet
Inventory Level: JAG has a high level of physical assets or inventory.
Debt Coverage by Assets: JAG's debt is covered by short term assets (assets are 4.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JAG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: JAG has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of -61.3% each year.
Next Steps
Dividend
What is Jaguar Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate JAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate JAG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JAG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JAG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JAG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of Jaguar Mining's salary, the management and board of directors tenure and is there insider trading?
2.0yrs
Average management tenure
CEO
Vern Baker 0
0.4yrs
Tenure
Mr. Vernon Baker, also known as Vern, Mining Eng., MBA has been Vice President of Sudbury Operations at First Nickel Inc. since January 13, 2015. He serves as Chief Executive Officer at Jaguar Mining Inc. ...
Management Age and Tenure
2.0yrs
Average Tenure
Experienced Management: JAG's management team is considered experienced (2 years average tenure).
Board Age and Tenure
2.9yrs
Average Tenure
55yo
Average Age
Experienced Board: JAG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: JAG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 39,020,500 |
| Max Price | CA$0.18 |
| Entity | Company |
| Shares | 42,352,000 |
| Max Price | CA$0.20 |
| Entity | Company |
| Shares | 1,061,000 |
| Max Price | CA$0.16 |
| Entity | Company |
| Shares | 1,587,000 |
| Max Price | CA$0.18 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 100,000 |
| Max Price | CA$0.13 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 150,000 |
| Max Price | CA$0.13 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 160,000 |
| Max Price | CA$0.12 |
| Entity | Individual |
| Shares | 6,924,500 |
| Max Price | CA$0.16 |
| Entity | Individual |
| Shares | 236,470,588 |
| Max Price | CA$0.085 |
| Entity | Company |
| Shares | 77,179,388 |
| Max Price | CA$0.085 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.7%.
Management Team
Wilson Chaves
Chief Metallurgist
Vern Baker
Chief Executive Officer
- Tenure: 0.4yrs
Valéria DioDato
Director of Communication
Hashim Ahmed
Chief Financial Officer
- Tenure: 3.9yrs
- Compensation: US$399.20k
Jon Hill
Executive Officer of Exploration & Mine Geology
- Tenure: 2yrs
Board Members
Jeff Kennedy
Independent Non-Executive Director
- Tenure: 0.3yrs
Ben Guenther (66yo)
Director
- Tenure: 2.2yrs
- Compensation: US$190.83k
Rod Lamond (55yo)
Chairman
- Tenure: 0.08yrs
- Compensation: US$651.31k
John Ellis (84yo)
Independent Non-Executive Director
- Tenure: 3.6yrs
- Compensation: US$126.59k
Luis Miraglia (44yo)
Independent Director
- Tenure: 7.3yrs
- Compensation: US$134.31k
Thomas Weng (50yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$133.99k
Company Information
Jaguar Mining Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Jaguar Mining Inc.
- Ticker: JAG
- Exchange: TSX
- Founded: 2002
- Industry: Gold
- Sector: Materials
- Market Cap: CA$170.124m
- Shares outstanding: 723.93m
- Website: https://www.jaguarmining.com
Number of Employees
Location
- Jaguar Mining Inc.
- First Canadian Place
- 56th Floor
- Toronto
- Ontario
- M5X 1C9
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JAG | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Oct 2003 |
| 32JN | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 2003 |
| JAGG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 2003 |
| 0V29 | LSE (London Stock Exchange) | Yes | Common Shares | GB | CAD | Oct 2003 |
Biography
Jaguar Mining Inc., a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold producing properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex located in the Iron Quadrangle in the state of Minas Gerais. Its mineral claims cover an area of approximately 64,000 hectares. The company was founded in 2002 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/22 23:34 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.