Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Acquires 49,600 Shares of Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. bought 49,600 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was acquired at an average cost of C$2.40 per share, with a total value of C$119,040.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Friday, March 22nd, 2176423 Ontario Ltd. bought 26,900 shares of Jaguar Mining stock. The stock was acquired at an average cost of C$2.34 per share, with a total value of C$62,886.82.
• On Wednesday, March 20th, 2176423 Ontario Ltd. bought 73,500 shares of Jaguar Mining stock. The stock was acquired at an average cost of C$2.22 per share, with a total value of C$163,118.55.
• On Wednesday, March 13th, 2176423 Ontario Ltd. bought 133,100 shares of Jaguar Mining stock. The stock was acquired at an average cost of C$2.20 per share, with a total value of C$292,846.62.
• On Wednesday, March 6th, 2176423 Ontario Ltd. acquired 50,000 shares of Jaguar Mining stock. The shares were purchased at an average cost of C$2.00 per share, with a total value of C$99,920.00.

Jaguar Mining Price Performance

TSE JAG opened at C$2.50 on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.02 and a debt-to-equity ratio of 2.63. The company has a fifty day simple moving average of C$1.89 and a 200 day simple moving average of C$1.68. The company has a market cap of C$181.13 million, a P/E ratio of 8.06 and a beta of 1.46. Jaguar Mining Inc. has a 1 year low of C$1.12 and a 1 year high of C$2.85.

About Jaguar Mining

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.