on Jaguar Mining Inc. (CVE:JAG)
Jaguar Mining Sees Strong Q3 2026 Financial Performance with Revenue and EBITDA Growth
Jaguar Mining Inc. reported its financial results for Q3 2026, showcasing strong growth in revenue and EBITDA. The company's revenue surged by 79% to $60.8 million, driven by a 46% increase in gold ounces sold. This rise was supported by operations resuming at the MTL Mining Complex and improved gold prices, despite increased operating costs and capital expenditures.
The adjusted net income rose 67% to $13.0 million, while adjusted EBITDA increased by 46% to $23.8 million. Production contributed to these results, with consolidated gold production reaching 12,981 ounces, a 30% increase year-over-year.
Despite higher costs, Jaguar maintained positive operating margins. However, free cash flow was negative at $14.6 million, reflecting significant cash outflows in Q3 due to various operational expenditures.
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