Jaguar Mining (OTCMKTS:JAGGD) Shares Up 2.6% – Here’s What Happened

Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report) shares traded up 2.6% during mid-day trading on Friday . The company traded as high as $5.85 and last traded at $5.85. Approximately 39,327 shares changed hands during trading, an increase of 18% from the average session volume of 33,340 shares. The stock had previously closed at $5.70.

Jaguar Mining Stock Down 4.8%

The stock has a 50 day moving average of $4.23 and a 200 day moving average of $4.91. The company has a market capitalization of $402.99 million, a price-to-earnings ratio of 11.14 and a beta of 2.75.

About Jaguar Mining

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Jaguar Mining Inc is a gold producer with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company’s primary assets include the Caeté and Turmalina underground gold mines, together with the Paciência development project. Headquartered in Vancouver, Canada, Jaguar Mining leverages a combination of long‐established infrastructure and newer exploration licences covering more than 70,000 hectares to support its growth strategy.

The company’s core activities span exploration, development, extraction, milling and sale of gold.

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