Jaguar Mining (TSE:JAG) Trading 1.2% Higher – Here’s Why

Jaguar Mining Inc. (TSE:JAG)’s stock price traded up 1.2% during mid-day trading on Wednesday . The company traded as high as C$7.40 and last traded at C$7.36. 176,941 shares changed hands during trading, a decline of 13% from the average session volume of 203,912 shares. The stock had previously closed at C$7.27.

Jaguar Mining Stock Down 6.1%

The business has a 50-day moving average of C$7.23 and a 200-day moving average of C$7.35. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.02 and a current ratio of 1.34. The stock has a market capitalization of C$574.28 million, a price-to-earnings ratio of -33.65 and a beta of 3.78.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.17 earnings per share (EPS) for the quarter. The firm had revenue of C$62.00 million during the quarter. Jaguar Mining had a negative return on equity of 6.57% and a negative net margin of 11.67%. On average, sell-side analysts expect that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

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. 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.