Jaguar Mining Third Quarter 2024 Earnings: EPS: US$0.029 (vs US$0.051 in 3Q 2023)

Jaguar Mining (TSE:JAG) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$38.9m (up 23% from 3Q 2023).
• Net income: US$2.30m (down 39% from 3Q 2023).
• Profit margin: 5.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.029 (down from US$0.051 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jaguar Mining Earnings Insights

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 6.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Jaguar Mining's balance sheet and an in-depth analysis of the company's financial position.

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