Short Interest in Jaguar Mining Inc. (OTCMKTS:JAGGF) Declines By 26.9%

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 269,600 shares, a decrease of 26.9% from the August 15th total of 368,700 shares. Based on an average daily volume of 67,600 shares, the short-interest ratio is presently 4.0 days.

Shares of OTCMKTS:JAGGF traded down $0.06 during trading on Monday, hitting $3.19. The stock had a trading volume of 54,500 shares, compared to its average volume of 52,989. Jaguar Mining has a 12 month low of $3.10 and a 12 month high of $9.30. The company has a market capitalization of $231.03 million, a PE ratio of 4.62 and a beta of 2.15. The firm’s fifty day moving average is $3.81 and its 200 day moving average is $4.73.

Jaguar Mining (OTCMKTS:JAGGF) last announced its earnings results on Tuesday, August 10th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.12). Jaguar Mining had a return on equity of 20.92% and a net margin of 32.22%. The firm had revenue of $36.33 million during the quarter.

Jaguar Mining Company Profile

Jaguar Mining, Inc engages in the production, development, and exploration of gold in the Iron Quadrangle. Its operations include Turmalina Gold Mine, Caeté Complex, Paciência Gold Mine, reserves and resources, technical reports, and Jaguar Mining Dams. The company was founded by Daniel R. Titcomb in 1984 and is headquartered Toronto, Canada.

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