The market capitalization are almost the same (approx. US$620 million)
MFN 4.5 million oz.
JAG 8.2 million oz.
MFN $470 / oz
JAG $500 / oz.
(These numbers are a little old. Think its over $600 now for both)
MFN 130,000 oz
JAG 200,000 oz.
(These were the projections at the beginning of the year, but both failed to meet)
Both MFN and JAG have failed to meet production guidance and have had higher cost than expected. But it seems like JAG is the much better value compared to MFN. But I don't have confidence in either of these companies or the management.
MFN & JAG are the miners with the highest FORECASTED increase in earnings...we'll see.
Bought JAG a week ago just to help take my mind off MFN. It has helped.
Minefinders is Among the Companies in the Gold Industry With a Relatively High EBITDA Growth (MFN, JAG, GOLD, AEM, ANV)
Oct 12, 2010 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Gold industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.
Minefinders (MFN) has the highest with EBITDA Growth of 400.5%; Jaguar Mining (JAG) is next with EBITDA Growth of 319.1%; and Randgold Resources (GOLD) has the next highest with EBITDA Growth of 303.4%.
Agnico-Eagle Mines (AEM) follows with EBITDA Growth of 169.6% and Allied Nevada Gold (ANV) rounds out the group with EBITDA Growth of 156.9%.
Hey folks, just buy MFN and sit back and relax......by Feb you will be glad you bought at these low prices....This is a Bull market for Gold & Silver and will be for several years.....Sooooo hang on folks for the ride of your life.
What's up with earnings estimate of $.30 a share for JAG next year.
Something is wrong with JAG.
MFN has $.82 for 2011.
MFN looks good when you compare estimates.
Thanks for the tip but I'll stick with MFN.
I know what is wrong with MFN and don't need another wife so to speak.