Jaguar Mining (TSE:JAG) Reaches New 52-Week High at $3.78

Jaguar Mining Inc. (TSE:JAG) hit a new 52-week high on Tuesday . The company traded as high as C$3.78 and last traded at C$3.74, with a volume of 71779 shares. The stock had previously closed at C$3.65.

Wall Street Analyst Weigh In

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

Jaguar Mining Trading Down 1.1 %

The firm’s fifty 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 stock has a market capitalization of C$295.72 million, a P/E ratio of 12.47 and a beta of 1.59.

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). Jaguar Mining had a net margin of 12.16% and a return on equity of 7.00%. The business had revenue of C$43.92 million during the quarter. As a group, equities research analysts forecast that Jaguar Mining Inc. will post 0.5763052 EPS for the current fiscal year.

Insider Activity

In other Jaguar Mining news, insider 2176423 Ontario Ltd. purchased 54,900 shares of the firm’s stock in a transaction on Friday, June 21st. The stock was purchased at an average cost of C$2.46 per share, for a total transaction of C$134,916.75. In the last ninety days, insiders bought 160,258 shares of company stock worth $405,449. Insiders own 46.34% of the company’s stock.

About Jaguar Mining

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.