Jaguar Mining (TSE:JAG) Trading Up 9.2% – Should You Buy?

Jaguar Mining Inc. (TSE:JAG) shares rose 9.2% on Friday . The stock traded as high as C$3.56 and last traded at C$3.55. Approximately 157,752 shares were traded during trading, an increase of 59% from the average daily volume of 99,395 shares. The stock had previously closed at C$3.25.

Jaguar Mining Stock Performance

The company has a market capitalization of C$197.26 million, a P/E ratio of 6.73 and a beta of 1.64. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.02 and a current ratio of 1.82. The business’s fifty day simple moving average is C$2.89 and its 200-day simple moving average is C$2.96.

Insider Transactions at Jaguar Mining

In other Jaguar Mining news, insider 2176423 Ontario Ltd. purchased 1,000,000 shares of Jaguar Mining stock in a transaction that occurred on Wednesday, April 23rd. The shares were bought at an average price of C$2.85 per share, for a total transaction of C$2,850,000.00. Over the last three months, insiders have bought 2,006,699 shares of company stock valued at $5,669,427. 55.03% of the stock is currently owned by insiders.

About Jaguar Mining

Jaguar Mining Inc is a Canadian-listed junior gold mining, development and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. Jaguar owns three gold mining complexes, and a large land package with significant upside exploration potential.