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

Jaguar Mining Inc. (TSE:JAG)’s stock price traded up 4.3% during mid-day trading on Tuesday . The company traded as high as C$7.22 and last traded at C$7.06. 155,408 shares traded 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 Price Performance

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

Jaguar Mining (TSE:JAG) last announced its quarterly earnings results on Wednesday, April 1st. The company reported C($0.06) earnings per share (EPS) for the quarter. Jaguar Mining had a negative net margin of 10.84% and a negative return on equity of 6.33%. The firm had revenue of C$50.29 million for the quarter. On average, equities research analysts predict 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.