Ventum Cap Mkts Upgrades Jaguar Mining (TSE:JAG) to “Strong-Buy”

Jaguar Mining (TSE:JAG) was upgraded by equities researchers at Ventum Cap Mkts from a “hold” rating to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

Jaguar Mining Trading Up 2.3%

Jaguar Mining stock opened at C$5.40 on Friday. Jaguar Mining has a 12-month low of C$1.97 and a 12-month high of C$7.52. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02. The stock has a market capitalization of C$460.19 million, a PE ratio of -16.36 and a beta of 2.76. The firm has a 50 day simple moving average of C$5.87 and a 200-day simple moving average of C$4.48.

Jaguar Mining Company Profile

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.