Jaguar Mining (OTCMKTS:JAGGF) Stock Price Up 4% – Should You Buy?

Shares of Jaguar Mining Inc. (OTCMKTS:JAGGF – Get Free Report) were up 4% on Friday. The stock traded as high as $4.73 and last traded at $4.72. 39,055 shares traded hands during trading, a decline of 24% from the average daily volume of 51,247 shares. The stock had previously closed at $4.54.

Jaguar Mining Price Performance

The company’s 50-day moving average is $5.28 and its 200-day moving average is $4.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.27 and a quick ratio of 1.05. The firm has a market capitalization of $402.96 million, a price-to-earnings ratio of 31.47 and a beta of 1.03.

Jaguar Mining Company Profile

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Jaguar Mining Inc is a Canadian gold producer focused on the exploration, development and operation of gold properties in Brazil. The company’s activities include underground mining, mineral exploration, ore processing and the production of dorĂ© gold.

Jaguar’s principal operations are located in the state of Minas Gerais, a historic gold-producing region in southeastern Brazil. Its portfolio includes the Turmalina and Pilar underground mines, which form part of the company’s MTL mining complex, along with associated processing and infrastructure.

Further Reading

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