Jaguar Mining (TSE:JAG) Trading Down 0.7% – What’s Next?

Jaguar Mining Inc. (TSE:JAG)’s share price traded down 0.7% on Thursday . The stock traded as low as C$4.13 and last traded at C$4.22. 184,535 shares were traded during trading, an increase of 186% from the average session volume of 64,622 shares. The stock had previously closed at C$4.25.

Analyst Upgrades and Downgrades

Separately, Ventum Financial increased their price target on shares of Jaguar Mining from C$2.75 to C$4.50 in a research report on Thursday, August 29th.

Jaguar Mining Price Performance

The company has a 50-day moving average of C$5.05 and a 200 day moving average of C$3.82. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.02 and a current ratio of 1.92. The firm has a market cap of C$334.01 million, a P/E ratio of 7.96 and a beta of 1.64.

Jaguar Mining (TSE:JAG) last issued its earnings results on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter. The company had revenue of C$61.27 million for the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.92%. On average, sell-side analysts anticipate that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

Insider Transactions at Jaguar Mining

In other Jaguar Mining news, Senior Officer Jonathan Victor Hill sold 7,500 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$4.06, for a total value of C$30,450.00. Over the last 90 days, insiders sold 34,000 shares of company stock valued at $153,545. Corporate insiders own 55.03% of the company’s stock.

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.