Jaguar Mining (TSE:JAG) Shares Down 2.5% – Here’s Why

Jaguar Mining Inc. (TSE:JAG) dropped 2.5% during mid-day trading on Wednesday . The company traded as low as C$5.02 and last traded at C$5.16. Approximately 97,728 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 188,978 shares. The stock had previously closed at C$5.29.

Jaguar Mining Stock Down 2.1%

The stock has a market cap of C$442.01 million, a PE ratio of -39.85 and a beta of 4.09. The business has a 50 day moving average of C$6.04 and a 200-day moving average of C$7.19. The company has a current ratio of 1.29, a quick ratio of 1.02 and a debt-to-equity ratio of 3.29.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.17 earnings per share for the quarter. The company had revenue of C$62.00 million during the quarter. Jaguar Mining had a negative return on equity of 3.94% and a negative net margin of 6.32%. Equities research analysts predict that Jaguar Mining Inc. will post 0.4742807 EPS for the current fiscal 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.