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Jaguar Mining (OTCMKTS:JAGGD) Stock Price Down 2.4% - Here's Why

Jaguar Mining logo with Basic Materials background

Shares of Jaguar Mining Inc. (OTCMKTS:JAGGD - Get Free Report) were down 2.4% during mid-day trading on Wednesday . The stock traded as low as $2.05 and last traded at $2.07. Approximately 27,838 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 33,340 shares. The stock had previously closed at $2.12.

Jaguar Mining Stock Performance

The company has a 50 day moving average of $1.93 and a 200-day moving average of $2.23. The stock has a market cap of $152.98 million, a price-to-earnings ratio of 4.23 and a beta of 2.75.

About Jaguar Mining

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Jaguar Mining, Inc engages in the acquisition, exploration, development and operation of gold producing properties in Brazil. Its mining operations include Turmalina, Paciência and Caeté. The firm is also developing the Grurupi Project and exploring the Iron Quadrangle and Pedra Branca Project. The company was founded by Daniel R.

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