Jaguar Mining (OTCMKTS:JAGGF) Trading 0.3% Higher – Should You Buy?

Jaguar Mining Inc. (OTCMKTS:JAGGFGet Free Report) traded up 0.3% during mid-day trading on Friday . The stock traded as high as $5.9420 and last traded at $5.89. 33,280 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 46,804 shares. The stock had previously closed at $5.87.

Jaguar Mining Stock Performance

The stock’s 50 day moving average is $4.45 and its 200 day moving average is $4.87. The company has a market capitalization of $502.59 million, a PE ratio of 39.27 and a beta of 1.07.

Jaguar Mining Company Profile

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Jaguar Mining (OTCMKTS:JAGGF) is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.

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