Jaguar Mining Inc.

TSX:JAG Stock Report

Market Cap: CA$301.4m

Jaguar Mining Valuation

Is JAG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JAG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JAG (CA$3.8) is trading above our estimate of fair value (CA$2.05)

Significantly Below Fair Value: JAG is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JAG?

Key metric: As JAG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JAG. This is calculated by dividing JAG's market cap by their current earnings.
What is JAG's PE Ratio?
PE Ratio7.3x
EarningsUS$29.30m
Market CapUS$213.90m

Price to Earnings Ratio vs Peers

How does JAG's PE Ratio compare to its peers?

The above table shows the PE ratio for JAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.3x
MND Mandalay Resources
7.4x34.2%CA$311.1m
AMX Amex Exploration
150.4x-46.2%CA$153.6m
DNG Dynacor Group
7.6xn/aCA$200.4m
MKO Mako Mining
7.6xn/aCA$237.4m
JAG Jaguar Mining
7.3xn/aCA$301.4m

Price-To-Earnings vs Peers: JAG is good value based on its Price-To-Earnings Ratio (7.3x) compared to the peer average (43.3x).

Price to Earnings Ratio vs Industry

How does JAG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

36 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IMG IAMGOLD
3.9x-10.3%US$2.82b
SLI Standard Lithium
2.6xn/aUS$293.46m
QRC Queen's Road Capital Investment
2.2xn/aUS$244.29m
THX Thor Explorations
3.8x9.9%US$128.05m
JAG 7.3xIndustry Avg. 13.0xNo. of Companies36PE01632486480+
36 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JAG is good value based on its Price-To-Earnings Ratio (7.3x) compared to the Canadian Metals and Mining industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is JAG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate JAG's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JAG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$3.80
CA$5.23
+37.6%
0.8%CA$5.27CA$5.18n/a2
Nov ’25CA$4.34
CA$4.76
+9.8%
8.3%CA$5.16CA$4.37n/a2
Oct ’25CA$5.42
CA$4.36
-19.5%
3.3%CA$4.51CA$4.22n/a2
Sep ’25CA$4.71
CA$4.36
-7.4%
3.3%CA$4.51CA$4.22n/a2
Aug ’25CA$3.73
CA$3.50
-6.3%
21.3%CA$4.24CA$2.75n/a2
Jul ’25CA$2.27
CA$3.45
+52.0%
20.3%CA$4.15CA$2.75n/a2
Jun ’25CA$2.59
CA$3.45
+33.2%
20.3%CA$4.15CA$2.75n/a2
May ’25CA$2.85
CA$3.52
+23.6%
33.3%CA$4.70CA$2.35n/a2
Apr ’25CA$2.68
CA$3.48
+29.8%
34.0%CA$4.66CA$2.30n/a2
Mar ’25CA$1.88
CA$3.38
+79.8%
37.9%CA$4.66CA$2.10n/a2
Feb ’25CA$1.86
CA$3.36
+80.5%
37.5%CA$4.62CA$2.10n/a2
Jan ’25CA$1.76
CA$3.27
+85.9%
44.8%CA$4.74CA$1.80n/a2
Dec ’24CA$2.01
CA$3.27
+62.8%
44.8%CA$4.74CA$1.80n/a2
Nov ’24CA$1.20
CA$3.35
+179.3%
46.3%CA$4.90CA$1.80CA$4.342
Oct ’24CA$1.20
CA$3.39
+182.1%
40.8%CA$4.77CA$2.01CA$5.422
Sep ’24CA$1.52
CA$3.39
+122.7%
40.8%CA$4.77CA$2.01CA$4.712
Aug ’24CA$1.47
CA$3.51
+138.5%
43.0%CA$5.01CA$2.00CA$3.732
Jul ’24CA$2.25
CA$4.81
+113.6%
8.3%CA$5.21CA$4.41CA$2.272
Jun ’24CA$2.29
CA$4.24
+85.2%
21.7%CA$5.25CA$3.03CA$2.593
May ’24CA$2.41
CA$4.24
+76.1%
22.3%CA$5.32CA$3.02CA$2.853
Apr ’24CA$2.69
CA$4.43
+64.7%
23.1%CA$5.30CA$3.00CA$2.683
Mar ’24CA$2.63
CA$4.41
+67.8%
22.9%CA$5.26CA$2.99CA$1.883
Feb ’24CA$2.90
CA$4.36
+50.2%
22.5%CA$5.27CA$3.00CA$1.863
Jan ’24CA$2.70
CA$4.39
+62.5%
22.5%CA$5.33CA$3.03CA$1.763
Dec ’23CA$3.04
CA$4.32
+42.0%
22.5%CA$5.23CA$2.97CA$2.013
Nov ’23CA$2.78
CA$4.78
+72.0%
31.0%CA$6.58CA$2.95CA$1.203

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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