* Q1 loss/shr $0.05 vs EPS $0.07 year ago
* Gold sales up 22 pct
* Production costs up 47 pct
* Sees FY10 production at 200,000-210,000 ounces
May 11 (Reuters) - Gold producer Jaguar Mining Inc JAG.TO posted a first-quarter loss, hurt by higher costs, lower grades at its Turmalina operation and the strengthening of the Brazilian real.
For 2010, the Concord, New Hampshire-based miner sees gold production between 200,000 to 210,000 ounces.
For the first quarter, Jaguar posted a net loss of $4.6 million, or 5 cents a share, compared with a net gain of $4.8 million, or 7 cents a share, a year ago.
Adjusted loss per share was 1 cent a share.
Analysts were expecting the company to earn 3 cents a share, according to Thomson Reuters I/B/E/S.
Gold sales rose 22 percent to $40.7 million, while production fell 5 percent to 31,223 ounces, for the first quarter.
Production costs rose 47 percent to $25.1 million.
Shares of the company closed at C$11.50 Tuesday on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Roshni Menon)