# Jaguar Mining Inc. (JAG.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$8.11, market value C$654 million.

## Valuation
- **P/E (trailing): 45.1×** (5-yr avg 10.1×, 3-yr avg 8.4×). Jaguar Mining Inc. trades at 45.1× trailing earnings, well above its own five-year average of 10.1×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / sales: 2.8×**. Each dollar of revenue is priced at 2.8×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.6×**. Enterprise value is 7.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -0.8%** (5-yr avg 2.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 2.2%**. The inverse of the P/E: 2.2% of the price is earned each year.

## Profitability
- **Gross margin: 52.9%**. Jaguar Mining Inc. keeps 52.9% of revenue after the direct cost of what it sells.
- **Operating margin: 49.0%**. 49.0% of revenue is left after running the business, an exceptional level.
- **Net margin: -11.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -6.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 35.4%**. Return on all capital, debt included, is 35.4%: comfortably above what that capital costs.
- **Return on assets: 3.2%**. Each dollar of assets produces 3.2% of profit.

## Growth
- **Revenue growth (1 yr): -14.8%** (3-yr -1.7%/yr, 5-yr -3.3%/yr). Revenue fell 14.8% over the last year, against -3.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -1127.0%**. Earnings per share fell 1127.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.03**. Debt is 0.03 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Jaguar Mining Inc. holds more cash than debt.
- **Interest coverage: 13.8×**. Operating profit covers interest 13.8× over, a safe margin.
- **Current ratio: 1.34** (quick 1.12). Current assets cover the next year's liabilities 1.34 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Jaguar Mining Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 62.2%** (YTD 12.2%, 3-mo 42.3%). The shares are up 62.2% over twelve months including dividends.
- **From 52-week high: -15.8%** (71.5% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 3.33** (volatility 68%). Beta of 3.33 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JAG.TO · Page: https://foliofundamentals.com/stocks/jag.to

Not investment advice.
