Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Acquires 10,100 Shares of Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 10,100 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average price of C$2.25 per share, for a total transaction of C$22,725.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Monday, January 13th, 2176423 Ontario Ltd. purchased 60,400 shares of Jaguar Mining stock. The shares were purchased at an average price of C$2.23 per share, for a total transaction of C$134,414.16.
• On Friday, January 10th, 2176423 Ontario Ltd. bought 11,500 shares of Jaguar Mining stock. The stock was bought at an average price of C$2.25 per share, for a total transaction of C$25,875.00.

Jaguar Mining Stock Up 3.1 %

Shares of JAG traded up C$0.07 during mid-day trading on Friday, hitting C$2.31. The company’s stock had a trading volume of 176,413 shares, compared to its average volume of 103,923. Jaguar Mining Inc. has a 52-week low of C$1.43 and a 52-week high of C$5.92. The company’s 50-day moving average is C$2.83 and its 200-day moving average is C$3.91. The company has a current ratio of 1.92, a quick ratio of 1.02 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of C$182.84 million, a price-to-earnings ratio of 4.36 and a beta of 1.64.

Jaguar Mining (TSE:JAG) last posted its earnings results on Friday, November 8th. The company reported C$0.04 EPS for the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.92%. On average, equities research analysts forecast that Jaguar Mining Inc. will post 0.4742807 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Ventum Financial dropped their target price on shares of Jaguar Mining from C$5.15 to C$4.10 in a research note on Monday, December 9th.

About Jaguar Mining

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company’s principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.