Jaguar Mining (OTCMKTS:JAGGD) Stock Price Up 0.8% – Here’s Why

Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report)’s share price traded up 0.8% during trading on Friday . The company traded as high as $3.61 and last traded at $3.5165. 19,457 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 33,340 shares. The stock had previously closed at $3.4870.

Jaguar Mining Stock Up 2.6%

The company has a 50-day simple moving average of $4.71 and a two-hundred day simple moving average of $5.34. The stock has a market cap of $261.04 million, a P/E ratio of 7.22 and a beta of 2.75.

About Jaguar Mining

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Jaguar Mining Inc is a gold producer with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company’s primary assets include the Caeté and Turmalina underground gold mines, together with the Paciência development project. Headquartered in Vancouver, Canada, Jaguar Mining leverages a combination of long‐established infrastructure and newer exploration licences covering more than 70,000 hectares to support its growth strategy.

The company’s core activities span exploration, development, extraction, milling and sale of gold.

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