Jaguar Mining Inc. (OTCMKTS:JAGGF) Sees Large Drop in Short Interest

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 416,600 shares, a decrease of 13.8% from the April 15th total of 483,200 shares. Based on an average daily trading volume, of 75,800 shares, the short-interest ratio is presently 5.5 days.

Jaguar Mining Price Performance

Shares of OTCMKTS:JAGGF traded up $0.10 during trading on Thursday, reaching $2.08. The company had a trading volume of 41,705 shares, compared to its average volume of 26,427. Jaguar Mining has a fifty-two week low of $0.83 and a fifty-two week high of $2.27. The stock’s fifty day moving average price is $1.96 and its 200 day moving average price is $1.51. The firm has a market capitalization of $164.47 million, a price-to-earnings ratio of 9.90 and a beta of 2.13.

Jaguar Mining (OTCMKTS:JAGGF) last announced its quarterly earnings data on Monday, March 25th. The company reported $0.14 EPS for the quarter. Jaguar Mining had a net margin of 12.16% and a return on equity of 7.06%. The company had revenue of $35.87 million during the quarter.

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. The company's 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.