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Stocks in play: Jaguar Mining Inc.
Today announced preliminary production results for the fourth quarter and full year 2023. Full financial results for the quarter and full year will be reported and filed on SEDAR+ on or before March 28, 2024. All figures are in US Dollars, unless otherwise expressed. Fourth quarter consolidated gold production was 18,481 ounces, compared to 17,316 ounces produced in the third quarter, and 21,116 ounces produced in the fourth quarter of 2022. Annual consolidated gold production for 2023 was 70,702 ounces compared to 2022 production of 80,968 ounces. The Company's cash position as at December 31, 2023 was $22.3 million compared to cash of $20.0 million as at September 30, 2023. During the fourth quarter, the Company benefitted from higher realized gold prices which was the main driver of the increase in cash. Jaguar Mining Inc. shares T.JAG are trading unchanged at $1.82.