Jaguar Mining (OTCMKTS:JAGGF) Reaches New 12-Month High – Still a Buy?

Jaguar Mining Inc. (OTCMKTS:JAGGF) hit a new 52-week high on Tuesday . The company traded as high as $6.36 and last traded at $6.0915, with a volume of 30079 shares changing hands. The stock had previously closed at $6.11.

Jaguar Mining Stock Performance

The stock has a market capitalization of $549.07 million, a P/E ratio of -33.89 and a beta of 0.94. The business has a 50-day moving average price of $5.24 and a 200 day moving average price of $4.24.

Jaguar Mining (OTCMKTS:JAGGF) last released its earnings results on Thursday, November 6th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). Jaguar Mining had a positive return on equity of 3.72% and a negative net margin of 10.83%.The company had revenue of $33.81 million during the quarter, compared to the consensus estimate of $51.68 million.

Jaguar Mining Company Profile

Jaguar Mining (OTCMKTS:JAGGF) is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.