Jaguar Mining (OTCMKTS:JAGGF) Stock Jumps 4% – Should You Buy?

Shares of Jaguar Mining Inc. (OTCMKTS:JAGGF – Get Free Report) traded up 4% during mid-day trading on Friday. The stock traded as high as $4.73 and last traded at $4.72. Approximately 39,055 shares changed hands during trading, a decline of 24% from the average session volume of 51,247 shares. The stock had previously closed at $4.54.

Jaguar Mining Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.27 and a debt-to-equity ratio of 0.01. The stock has a market cap of $402.95 million, a price-to-earnings ratio of 31.47 and a beta of 1.03. The company’s 50-day simple moving average is $5.28 and its 200-day simple moving average is $4.73.

About Jaguar Mining

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Jaguar Mining Inc is a Canadian gold producer focused on the exploration, development and operation of gold properties in Brazil. The company’s activities include underground mining, mineral exploration, ore processing and the production of doré gold.

Jaguar’s principal operations are located in the state of Minas Gerais, a historic gold-producing region in southeastern Brazil. Its portfolio includes the Turmalina and Pilar underground mines, which form part of the company’s MTL mining complex, along with associated processing and infrastructure.

Further Reading

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