Jaguar Mining (TSE:JAG) Shares Up 5.8% – Time to Buy?

Jaguar Mining Inc. (TSE:JAG) shares traded up 5.8% on Wednesday . The stock traded as high as C$8.35 and last traded at C$8.34. 292,110 shares changed hands during trading, an increase of 60% from the average session volume of 182,156 shares. The stock had previously closed at C$7.88.

Jaguar Mining Trading Up 5.8%

The firm’s 50 day moving average is C$6.40 and its 200 day moving average is C$6.74. 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 company has a market cap of C$711.66 million, a PE ratio of 64.15 and a beta of 4.38.

Jaguar Mining (TSE:JAG) last posted its earnings results on Friday, August 14th. The company reported C$0.26 earnings per share (EPS) for the quarter. Jaguar Mining had a net margin of 7.29% and a return on equity of 4.83%. The business had revenue of C$72.96 million for the quarter. On average, equities analysts anticipate that Jaguar Mining Inc. will post 0.4742807 earnings per share for the current year.

About Jaguar Mining

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.