Jaguar Mining (OTCMKTS:JAGGF) Shares Up 3.9% - Here's What Happened

Key Points

• Jaguar Mining's shares rose by 3.9% to $4.19 on a recent trading day, with trading volume significantly higher than average at 175,177 shares.
• The company reported earnings of $0.21 per share, surpassing estimates and indicating a return on equity of 1.41%, although it experienced a negative net margin of 17.87%.
• Jaguar Mining, engaged in gold mining in Brazil, has a market capitalization of $332.96 million and significant mineral holdings in the Iron Quadrangle of Minas Gerais.

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report) shot up 3.9% during mid-day trading on Monday . The stock traded as high as $4.29 and last traded at $4.19. 175,177 shares changed hands during mid-day trading, an increase of 156% from the average session volume of 68,442 shares. The stock had previously closed at $4.04.

Jaguar Mining Price Performance

The company has a market capitalization of $332.96 million, a price-to-earnings ratio of -13.11 and a beta of 0.91. The stock has a 50 day simple moving average of $3.18 and a two-hundred day simple moving average of $2.60.

Jaguar Mining (OTCMKTS:JAGGF - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.10. Jaguar Mining had a positive return on equity of 1.41% and a negative net margin of 17.87%.The company had revenue of $35.83 million for the quarter, compared to analysts' expectations of $51.68 million.

Jaguar Mining Company Profile

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.

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