Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Purchases 60,400 Shares of Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 60,400 shares of the stock in a transaction on Monday, January 13th. The stock was bought at an average price of C$2.23 per share, for a total transaction of C$134,414.16.

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

• On Friday, January 10th, 2176423 Ontario Ltd. bought 11,500 shares of Jaguar Mining stock. The stock was purchased at an average cost of C$2.25 per share, for a total transaction of C$25,875.00.

Jaguar Mining Stock Up 0.9 %

TSE JAG opened at C$2.32 on Friday. The stock’s 50 day simple moving average is C$2.90 and its 200 day simple moving average is C$3.90. Jaguar Mining Inc. has a one year low of C$1.43 and a one year high of C$5.92. The firm has a market cap of C$183.63 million, a PE ratio of 4.38 and a beta of 1.64. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.92 and a quick ratio of 1.02.

Wall Street Analyst Weigh In

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

Jaguar Mining Company Profile

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.