Jaguar Mining (TSE:JAG) Trading Down 2.5% – Should You Sell?

Shares of Jaguar Mining Inc. (TSE:JAGGet Free Report) were down 2.5% during trading on Wednesday . The company traded as low as C$5.02 and last traded at C$5.16. Approximately 97,728 shares changed hands during trading, a decline of 48% from the average daily volume of 188,978 shares. The stock had previously closed at C$5.29.

Jaguar Mining Trading Down 2.5%

The firm has a 50-day simple moving average of C$6.06 and a 200-day simple moving average of C$7.21. The company has a quick ratio of 1.02, a current ratio of 1.29 and a debt-to-equity ratio of 3.29. The stock has a market cap of C$440.31 million, a PE ratio of -39.69 and a beta of 4.09.

Jaguar Mining (TSE:JAGGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C$0.17 earnings per share for the quarter. The company had revenue of C$62.00 million during the quarter. Jaguar Mining had a negative return on equity of 3.94% and a negative net margin of 6.32%. Equities analysts forecast that Jaguar Mining Inc. will post 0.4742807 earnings per share for the current year.

About Jaguar Mining

(Get Free Report)

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. The company is a long-term producer, having been in continuous production since 2006, with plans to significantly grow production over the next few years.

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