Jaguar Mining (TSE:JAG) Shares Down 0.8% – Here’s What Happened

Jaguar Mining Inc. (TSE:JAG)’s share price was down 0.8% during trading on Thursday . The stock traded as low as C$3.69 and last traded at C$3.69. Approximately 13,270 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 66,280 shares. The stock had previously closed at C$3.72.

Wall Street Analysts Forecast Growth

Separately, Ventum Financial upped their target price on Jaguar Mining from C$2.75 to C$4.50 in a research report on Thursday, August 29th.

Jaguar Mining Trading Down 0.8 %

The company has a quick ratio of 1.02, a current ratio of 1.92 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of C$292.06 million, a P/E ratio of 6.96 and a beta of 1.64. The firm has a 50 day moving average of C$4.64 and a 200-day moving average of C$3.91.

Insider Activity at Jaguar Mining

In other Jaguar Mining news, Senior Officer Jonathan Victor Hill sold 5,500 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of C$4.79, for a total transaction of C$26,327.95. Over the last ninety days, insiders sold 12,250 shares of company stock worth $61,846. Company insiders own 55.03% 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.