Jaguar Mining Inc T.JAG

Alternate Symbol(s): JAGGF

Metals & Mining Gold

Jaguar Mining Inc. is a Canada-based junior gold mining, development, and exploration company. The Company is operating in Brazil with three gold mining complexes, and a land package with upside exploration potential from mineral claims covering an area of approximately 65,000 hectares. The Company’s principal operating assets are located in the Iron Quadrangle, a greenstone belt in the state of Minas Gerais, and include the Turmalina Gold Mine Complex and Caete Gold Mine Complex (Pilar and Roca Grande mines, and Caete Plant). The Company also owns the Paciencia Gold Mine Complex, which is located approximately 80 kilometers southwest of Belo Horizonte. Its operations are located in the Iron Quadrangle, a prolific greenstone belt near the city of Belo Horizonte in the state of Minas Gerais, Brazil. The Company's Brazilian assets and operations are held by its subsidiary, Mineracao Serras do Oeste Ltda. (MSOL). Its projects also include the Pitangui Project and the Acurui Project.

TSX:JAG - Post by User

Jaguar Mining Inc > Cost vs profits

<< Previous

Bullboard Posts

Next >>

Post by AngelEyes3on Oct 25, 2020 7:20pm

141 Views

Post# 31779171

Cost vs profits

Current costs to produce a oz of gold is 1000 US and current price of 1900 gold. that means 900 profit per oz of gold and production forcast of 90,000. That means profits of 81 million and they expect to do 10 million on exploration in the coming year and now paying a dividend of approx 5 million. So a profit picture of 75 million is very nice and worth sticking around for.

<< Previous

Bullboard Posts

Next >>

Here's what's happening with the Magnificent Seven stocks