Jaguar Mining (TSE:JAG) Stock Price Up 11.1% – Here’s Why

Jaguar Mining Inc. (TSE:JAGGet Free Report)’s stock price traded up 11.1% on Wednesday . The stock traded as high as C$7.52 and last traded at C$7.49. Approximately 160,930 shares changed hands during trading, a decline of 11% from the average session volume of 180,686 shares. The stock had previously closed at C$6.74.

Jaguar Mining Stock Up 11.1%

The business has a 50 day moving average of C$5.68 and a 200 day moving average of C$6.74. The company has a debt-to-equity ratio of 3.43, a current ratio of 1.27 and a quick ratio of 1.02. The firm has a market capitalization of C$639.13 million, a price-to-earnings ratio of 57.62 and a beta of 4.17.

Jaguar Mining (TSE:JAGGet Free Report) last issued its earnings results on Friday, August 14th. The company reported C$0.26 EPS for the quarter. Jaguar Mining had a return on equity of 4.83% and a net margin of 7.29%.The firm had revenue of C$72.96 million during the quarter. On average, equities analysts anticipate that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

Jaguar Mining Company Profile

(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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