Jaguar Mining (OTCMKTS:JAGGF) Trading 1.8% Higher - Time to Buy?

Key Points

• Jaguar Mining Inc. (OTCMKTS:JAGGF) saw its stock rise by 1.8% during trading, reaching a high of $4.73 before closing at $4.58.
• The company's latest earnings report revealed a positive earnings per share of $0.21, exceeding expectations, but its revenue of $35.83 million fell short of the consensus estimate of $51.68 million.
• Jaguar Mining engages in mining operations in Brazil, owning significant assets such as the Turmalina Gold Mine Complex and Caeté Gold Mine Complex.

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report) traded up 1.8% during trading on Tuesday . The company traded as high as $4.73 and last traded at $4.58. 268,926 shares were traded during mid-day trading, an increase of 49% from the average session volume of 180,059 shares. The stock had previously closed at $4.50.

Jaguar Mining Stock Up 1.8%

The firm has a market cap of $366.08 million, a PE ratio of -14.31 and a beta of 0.89. The company's fifty day moving average price is $3.63 and its two-hundred day moving average price is $2.86.

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

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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