Jaguar Mining (TSE:JAG) Trading 11.1% Higher – Here’s What Happened

Jaguar Mining Inc. (TSE:JAG) traded up 11.1% during mid-day trading on Wednesday . The stock traded as high as C$7.52 and last traded at C$7.49. 160,930 shares changed hands during trading, a decline of 11% from the average daily volume of 180,686 shares. The stock had previously closed at C$6.74.

Jaguar Mining Trading Up 5.6%

The company has a debt-to-equity ratio of 3.43, a current ratio of 1.27 and a quick ratio of 1.02. The stock’s 50 day moving average is C$5.72 and its 200-day moving average is C$6.74. The company has a market capitalization of C$672.41 million, a P/E ratio of 60.62 and a beta of 4.17.

Jaguar Mining (TSE:JAG) last posted its quarterly earnings data on Friday, August 14th. The company reported C$0.26 earnings per share for the quarter. Jaguar Mining had a return on equity of 4.83% and a net margin of 7.29%.The business had revenue of C$72.96 million for the quarter. As a group, equities research analysts anticipate 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.