Jaguar Mining (OTCMKTS:JAGGF) Trading 1% Higher - Here's Why

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report) traded up 1% during mid-day trading on Wednesday . The company traded as high as $2.81 and last traded at $2.78. 28,250 shares traded hands during trading, a decline of 42% from the average session volume of 48,331 shares. The stock had previously closed at $2.75.

Jaguar Mining Price Performance

The stock's fifty day moving average is $2.64 and its 200-day moving average is $2.14. The stock has a market capitalization of $220.48 million, a PE ratio of -39.71 and a beta of 1.11.

Jaguar Mining (OTCMKTS:JAGGF - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05). The company had revenue of $35.64 million for the quarter, compared to analysts' expectations of $35.64 million. Jaguar Mining had a negative net margin of 3.73% and a positive return on equity of 0.02%.

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.

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