Brief: Jaguar reports Q1 loss per share $0.13

Jaguar Mining

10/05/2016 11:30

May 10 (Reuters) - Jaguar Mining Inc  JAG.V  
    * Jaguar reports first quarter financial results, company 
positioning for strong production and growth; increased 
operating cash flow, cash operating costs of $742 and AISC of 
$1,061 in Q1 2016 
    * Qtrly revenue $26.7 million versus $28.7 million 
    * Jaguar Mining Inc qtrly loss per share $0.13 
    * Jaguar Mining Inc qtrly consolidated gold production of 
21,197 ounces based on a 15 pct increase in average head grade 
to 3.78 g/t 
    * On track to meet 2016 guidance of $700 - $750 for 
consolidated cash operating costs 
    * Capital investments funded through operating cash flow 
during H1 2016 with capital spending set to reduce in Q3 and Q4 
2016 
    * Growing mine production, increasing throughput and 
reducing cash operating costs towards lower end of 2016 cost 
guidance 
    * We are on track to achieve our 2016 gold production 
guidance of 90,000 - 95,000 ounces 
 
Source text for Eikon:  ID:nPn5nlGMNa  
Further company coverage:  JAG.V  
 
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