Jaguar Mining (TSE:JAG) Shares Climb 0.3% – Here’s What Happened

Jaguar Mining Inc. (TSE:JAG) shares shot up 0.3% on Wednesday. The stock traded as high as C$6.39 and last traded at C$6.29. 56,994 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 183,356 shares. The stock had previously closed at C$6.27.

Jaguar Mining Stock Down 2.6%

The firm has a market cap of C$471.03 million, a price-to-earnings ratio of 42.46 and a beta of 4.24. The business’s 50-day moving average is C$7.33 and its 200-day moving average is C$6.56. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.02 and a current ratio of 1.27.

Jaguar Mining (TSE:JAG) last released its quarterly earnings results on Friday, August 14th. The company reported C$0.28 EPS for the quarter. The firm had revenue of C$72.96 million for the quarter. Jaguar Mining had a net margin of 7.29% and a return on equity of 4.83%. On average, equities analysts predict 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.