Jaguar Mining (TSE:JAG) Stock Price Up 2.3% – Here’s Why

by · The Markets Daily

Jaguar Mining Inc. (TSE:JAG – Get Free Report) shot up 2.3% during trading on Monday . The stock traded as high as C$2.29 and last traded at C$2.24. 165,823 shares were traded during trading, an increase of 131% from the average session volume of 71,848 shares. The stock had previously closed at C$2.19.

Wall Street Analysts Forecast Growth

Separately, Ventum Financial reduced their price target on shares of Jaguar Mining from C$5.15 to C$4.10 in a research note on Monday, December 9th.

Get Our Latest Analysis on JAG

Jaguar Mining Stock Up 1.8 %

The company has a market capitalization of C$180.46 million, a P/E ratio of 4.30 and a beta of 1.64. The company has a current ratio of 1.92, a quick ratio of 1.02 and a debt-to-equity ratio of 1.69. The stock has a 50 day moving average price of C$3.47 and a 200 day moving average price of C$3.92.

Jaguar Mining Company Profile

(Get Free Report)

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company’s principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.

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