Jaguar Mining (TSE:JAG) Sets New 12-Month High at $3.24

Shares of Jaguar Mining Inc. (TSE:JAG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$3.24 and last traded at C$3.20, with a volume of 151252 shares traded. The stock had previously closed at C$2.98.

Analyst Ratings Changes

Separately, Ventum Financial upped their price objective on shares of Jaguar Mining from C$2.35 to C$2.75 in a research report on Tuesday, May 28th.

Jaguar Mining Stock Up 4.0 %

The stock’s 50-day simple moving average is C$2.64 and its 200-day simple moving average is C$2.30. The firm has a market capitalization of C$245.12 million, a P/E ratio of 9.93 and a beta of 1.59. The company has a current ratio of 1.68, a quick ratio of 1.02 and a debt-to-equity ratio of 2.08.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.10 by C($0.05). The company had revenue of C$43.92 million for the quarter. Jaguar Mining had a return on equity of 7.00% and a net margin of 12.16%. As a group, research analysts predict that Jaguar Mining Inc. will post 0.5763052 earnings per share for the current fiscal year.

Insider Buying and Selling at Jaguar Mining

In other news, insider 2176423 Ontario Ltd. purchased 54,900 shares of the business’s stock in a transaction on Friday, June 21st. The stock was purchased at an average cost of C$2.46 per share, with a total value of C$134,916.75. Insiders bought a total of 160,258 shares of company stock valued at $405,449 in the last three months. Company insiders own 46.34% of the company’s stock.

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.