Jaguar Mining Inc. (TSE:JAG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jaguar Mining Inc. reported its 2023 annual results with a full-year gold production of 70,704 ounces at an all-in sustaining cost of $1,618 per ounce, and a net income of $15.9 million. Despite a slight revenue drop of 4% compared to the previous year, due to lower production, the company benefited from higher gold prices and cost management, ending the year with a $22 million cash position.
For further insights into TSE:JAG stock, check out TipRanks’ Stock Analysis page.