Jaguar Mining (TSE:JAG) Upgraded to Strong-Buy at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Jaguar Mining (TSE:JAG) from a hold rating to a strong-buy rating in a research report sent to investors on Friday,Zacks.com reports.

Jaguar Mining Trading Up 2.3%

JAG traded up C$0.12 during trading on Friday, hitting C$5.40. The company’s stock had a trading volume of 237,769 shares, compared to its average volume of 154,525. Jaguar Mining has a twelve month low of C$1.97 and a twelve month high of C$7.52. The stock has a market cap of C$460.19 million, a PE ratio of -16.36 and a beta of 2.76. The firm’s 50 day moving average price is C$5.87 and its 200-day moving average price is C$4.48. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02.

About Jaguar Mining

Jaguar Mining Inc is a Canadian-listed junior gold mining, development and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. Jaguar owns three gold mining complexes, and a large land package with significant upside exploration potential.