Jaguar Mining (JAG -9.5%) takes a hit after being downgraded to Underperform at RBC Capital on...

|About: Jaguar Mining Inc. (JAGGF)|By:, SA News Editor

Jaguar Mining (JAG -9.5%) takes a hit after being downgraded to Underperform at RBC Capital on the back of disappointing 2012 production guidance. The miner noted earlier that the ongoing transition at its Paciencia facility, as well as difficult ground conditions at Turmalina and record levels of rainfall will continue to impact production and average costs in the quarter.