Jaguar Mining (OTCMKTS:JAGGD) Trading Up 3.2% – Still a Buy?

Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report)’s stock price shot up 3.2% during trading on Friday . The company traded as high as $5.5480 and last traded at $5.4780. Approximately 45,446 shares changed hands during trading, an increase of 36% from the average session volume of 33,340 shares. The stock had previously closed at $5.3059.

Jaguar Mining Price Performance

The business’s 50 day simple moving average is $4.82 and its 200 day simple moving average is $4.87. The stock has a market cap of $396.33 million, a P/E ratio of 10.96 and a beta of 2.75.

Jaguar Mining Company Profile

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Jaguar Mining Inc is a Canadian gold mining company focused on the exploration, development and production of gold in Brazil. The company primarily operates underground mines and associated processing facilities, with its activities concentrated in the state of Minas Gerais, a longstanding gold-producing region.

Jaguar Mining’s principal assets include the Turmalina mining complex and the Pilar gold operation. The company also maintains a portfolio of exploration and development properties in Brazil, which it evaluates for additional mineral resources and potential future production.

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