Jaguar Mining (OTCMKTS:JAGGF) Shares Down 2% – Time to Sell?

Jaguar Mining Inc. (OTCMKTS:JAGGF) dropped 2% during trading on Tuesday . The stock traded as low as $1.91 and last traded at $1.92. Approximately 32,825 shares traded hands during trading, a decline of 37% from the average daily volume of 51,738 shares. The stock had previously closed at $1.96.

Jaguar Mining Trading Down 2.0 %

The stock has a market cap of $152.28 million, a P/E ratio of 5.05 and a beta of 1.82. The company’s 50 day moving average price is $1.73 and its two-hundred day moving average price is $2.76.

Jaguar Mining (OTCMKTS:JAGGF) last announced its earnings results on Friday, November 8th. The company reported $0.03 EPS for the quarter. Jaguar Mining had a net margin of 19.26% and a return on equity of 11.72%. The business had revenue of $38.91 million during the quarter.

About Jaguar Mining

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company's principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.