Jaguar Mining (TSE:JAG) Trading Up 5.8% – What’s Next?

Jaguar Mining Inc. (TSE:JAG) shares traded up 5.8% during mid-day trading on Wednesday . The stock traded as high as C$8.35 and last traded at C$8.34. Approximately 292,110 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 182,156 shares. The stock had previously closed at C$7.88.

Jaguar Mining Price Performance

The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.02 and a current ratio of 1.27. The company has a market cap of C$711.66 million, a P/E ratio of 64.15 and a beta of 4.38. The firm has a 50 day moving average price of C$6.40 and a two-hundred day moving average price of C$6.74.

Jaguar Mining (TSE:JAG) last announced its quarterly earnings data on Friday, August 14th. The company reported C$0.26 earnings per share (EPS) for the quarter. The business had revenue of C$72.96 million for the quarter. Jaguar Mining had a return on equity of 4.83% and a net margin of 7.29%. On average, analysts predict that Jaguar Mining Inc. will post 0.4742807 EPS for the current fiscal year.

Jaguar Mining Company Profile

Jaguar Mining Inc is a Canadian-listed junior gold mining, development and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. Jaguar owns three gold mining complexes, and a large land package with significant upside exploration potential. The company is a long-term producer, having been in continuous production since 2006, with plans to significantly grow production over the next few years.