Jaguar Mining Inc. (OTCMKTS:JAGGF) Short Interest Down 15.9% in February

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 578,113 shares, a decline of 15.9% from the February 12th total of 687,644 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 184,848 shares, the days-to-cover ratio is currently 3.1 days. Based on an average trading volume of 184,848 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.7% of the shares of the stock are sold short.

Jaguar Mining Stock Performance

OTCMKTS JAGGF opened at $5.67 on Tuesday. Jaguar Mining has a fifty-two week low of $1.63 and a fifty-two week high of $7.05. The stock’s fifty day moving average is $6.12 and its two-hundred day moving average is $5.09. The firm has a market capitalization of $483.42 million, a P/E ratio of -29.84 and a beta of 0.90.

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.