Jaguar Mining (OTCMKTS:JAGGF) Sets New 1-Year High – Should You Buy?

Jaguar Mining Inc. (OTCMKTS:JAGGF)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $6.36 and last traded at $6.0915, with a volume of 30079 shares changing hands. The stock had previously closed at $6.11.

Jaguar Mining Trading Up 1.0%

The stock has a market capitalization of $526.05 million, a price-to-earnings ratio of -32.47 and a beta of 0.94. The business has a 50 day simple moving average of $5.14 and a 200-day simple moving average of $4.18.

Jaguar Mining (OTCMKTS:JAGGF) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). Jaguar Mining had a negative net margin of 10.83% and a positive return on equity of 3.72%. The company had revenue of $33.81 million for the quarter, compared to analyst estimates of $51.68 million.

Jaguar Mining Company Profile

Jaguar Mining (OTCMKTS:JAGGF) is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.