Jaguar Mining Inc. (TSE:JAG) Insider Purchases C$2,625,000.00 in Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. bought 750,000 shares of the stock in a transaction that occurred on Thursday, July 18th. The shares were purchased at an average price of C$3.50 per share, with a total value of C$2,625,000.00.

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

• On Tuesday, June 25th, 2176423 Ontario Ltd. bought 86,000 shares of Jaguar Mining stock. The shares were purchased at an average price of C$2.51 per share, with a total value of C$215,576.20.
• On Friday, June 21st, 2176423 Ontario Ltd. bought 54,900 shares of Jaguar Mining stock. The shares were purchased at an average price of C$2.46 per share, with a total value of C$134,916.75.
• On Thursday, April 25th, 2176423 Ontario Ltd. bought 7,100 shares of Jaguar Mining stock. The shares were purchased at an average price of C$2.98 per share, with a total value of C$21,150.19.

Jaguar Mining Stock Down 2.1 %

Shares of JAG traded down C$0.08 during midday trading on Friday, hitting C$3.66. The company had a trading volume of 75,118 shares, compared to its average volume of 47,504. The company’s 50-day simple moving average is C$2.72 and its 200-day simple moving average is C$2.37. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.02 and a current ratio of 1.68. The firm has a market capitalization of C$289.40 million, a P/E ratio of 12.47 and a beta of 1.59. Jaguar Mining Inc. has a 1 year low of C$1.12 and a 1 year high of C$3.85.

Jaguar Mining (TSE:JAG) last announced its quarterly earnings data 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 during the quarter. Jaguar Mining had a net margin of 12.16% and a return on equity of 7.00%. As a group, sell-side analysts expect that Jaguar Mining Inc. will post 0.5763052 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.