Jaguar Mining (TSE:JAG) Hits New 1-Year Low – Here’s Why

Shares of Jaguar Mining Inc. (TSE:JAG) hit a new 52-week low during trading on Friday. The company traded as low as C$4.34 and last traded at C$4.52, with a volume of 435,636 shares trading hands. The stock had previously closed at C$5.09.

Jaguar Mining Price Performance

The company has a current ratio of 1.27, a quick ratio of 1.02 and a debt-to-equity ratio of 3.43. The business has a 50-day moving average price of C$6.63 and a two-hundred day moving average price of C$6.80. The firm has a market capitalization of C$389.96 million, a price-to-earnings ratio of 35.15 and a beta of 4.35.

Jaguar Mining (TSE:JAG) last announced its quarterly earnings results on Friday, November 13th. The company reported C$0.21 earnings per share (EPS) for the quarter. The company had revenue of C$86.52 million during the quarter. Jaguar Mining had a net margin of 7.29% and a return on equity of 4.83%. As a group, research analysts forecast that Jaguar Mining Inc. will post 0.47 EPS for the current year.

Jaguar Mining Company Profile

Jaguar Mining Inc. is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company’s principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the MTL complex (Turmalina mine and plants) and Caete complex (Pilar and Roça Grande mines, and Caete plant). The Roça Grande mine has been on temporary care and maintenance since April 2019.