Jaguar Mining Inc. (OTCMKTS:JAGGD – Get Free Report)’s stock price shot up 7.5% during mid-day trading on Friday . The stock traded as high as $4.5020 and last traded at $4.45. Approximately 109,678 shares changed hands during trading, an increase of 229% from the average session volume of 33,340 shares. The stock had previously closed at $4.14.
Jaguar Mining Stock Up 7.5%
The stock’s 50-day moving average price is $3.94 and its 200 day moving average price is $5.00. The firm has a market cap of $321.96 million, a price-to-earnings ratio of 8.90 and a beta of 2.75.
About Jaguar Mining
Jaguar Mining Inc is a gold producer with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company’s primary assets include the Caeté and Turmalina underground gold mines, together with the Paciência development project. Headquartered in Vancouver, Canada, Jaguar Mining leverages a combination of long‐established infrastructure and newer exploration licences covering more than 70,000 hectares to support its growth strategy.
The company’s core activities span exploration, development, extraction, milling and sale of gold.
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