Jaguar Mining (TSE:JAG) Trading 4.3% Higher – Here’s What Happened

Jaguar Mining Inc. (TSE:JAG) traded up 4.3% during trading on Tuesday . The company traded as high as C$7.22 and last traded at C$7.06. 155,408 shares changed hands during trading, a decline of 32% from the average session volume of 227,457 shares. The stock had previously closed at C$6.77.

Jaguar Mining Trading Up 4.3%

The business’s 50-day simple moving average is C$8.09 and its two-hundred day simple moving average is C$7.16. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 3.80. The company has a market capitalization of C$601.94 million, a PE ratio of -35.30 and a beta of 3.54.

Jaguar Mining (TSE:JAG) last released its quarterly earnings results on Wednesday, April 1st. The company reported C($0.06) earnings per share for the quarter. The company had revenue of C$50.29 million for the quarter. Jaguar Mining had a negative return on equity of 6.33% and a negative net margin of 10.84%. On average, analysts predict that Jaguar Mining Inc. will post 0.4742807 earnings per share for the current year.

Jaguar Mining Company Profile

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.