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Jaguar Mining (OTCMKTS:JAGGD) Trading Down 2.5% - Time to Sell?

Jaguar Mining logo with Basic Materials background

Jaguar Mining Inc. (OTCMKTS:JAGGD - Get Free Report)'s share price dropped 2.5% on Tuesday . The company traded as low as $2.68 and last traded at $2.69. Approximately 52,426 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 33,340 shares. The stock had previously closed at $2.76.

Jaguar Mining Stock Performance

The company has a market capitalization of $191.73 million, a P/E ratio of 5.30 and a beta of 2.75. The firm's fifty day moving average is $2.64 and its 200 day moving average is $2.14.

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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