Jaguar Mining Third Quarter 2024 Earnings: EPS: US$0.029 (vs US$0.051 in 3Q 2023)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 09 2024
0mins
Source: Yahoo Finance
Financial Performance: The company reported a revenue of US$38.9 million, up 23% from the previous quarter, but net income fell by 39% to US$2.30 million, resulting in a profit margin decrease from 12% to 5.9%.
Market Outlook: Revenue is expected to grow at an average rate of 3.0% per annum over the next three years, significantly lower than the 16% growth forecast for the Canadian Metals and Mining industry, with shares down 6.5% in the past week.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
