Jaguar Mining (TSE:JAG) Trading 4.3% Higher – Should You Buy?

Jaguar Mining Inc. (TSE:JAG)’s share price rose 4.3% on Tuesday . The stock traded as high as C$7.22 and last traded at C$7.06. Approximately 155,408 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 227,457 shares. The stock had previously closed at C$6.77.

Jaguar Mining Price Performance

The company has a 50 day moving average of C$8.07 and a two-hundred day moving average of C$7.16. The firm has a market cap of C$590.86 million, a P/E ratio of -34.65 and a beta of 3.54. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 3.80.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings results on Wednesday, April 1st. The company reported C($0.06) EPS for the quarter. Jaguar Mining had a negative return on equity of 6.33% and a negative net margin of 10.84%.The business had revenue of C$50.29 million during the quarter. Sell-side analysts expect that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

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. The company is a long-term producer, having been in continuous production since 2006, with plans to significantly grow production over the next few years.