Jaguar Mining (OTCMKTS:JAGGD) Shares Down 9.7% – Here’s Why

Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report)’s stock price fell 9.7% on Thursday . The company traded as low as $4.48 and last traded at $4.49. 95,230 shares traded hands during mid-day trading, an increase of 186% from the average session volume of 33,340 shares. The stock had previously closed at $4.97.

Jaguar Mining Stock Performance

The stock has a market capitalization of $298.15 million, a PE ratio of 8.24 and a beta of 2.75. The business’s 50-day moving average is $5.02 and its two-hundred day moving average is $5.39.

Jaguar Mining Company Profile

(Get Free Report)

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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