Jaguar Mining (OTCMKTS:JAGGF) Trading Up 14% - Here's What Happened

Key Points

• Stock jumped 14% on Tuesday, trading as high as $6.775 and last at $6.74 after a $5.91 close, on volume of 56,509 shares (about 47% below the average session volume).
• The company has a market cap of about $595.5 million, a negative P/E of -36.76, a beta of 0.90, and 50‑day / 200‑day moving averages of $6.02 and $4.99 respectively.
• Jaguar Mining is a Canada‑based junior gold producer operating three underground mines (Turmalina, Caeté and Pilar) in the Iron Quadrangle of Minas Gerais, Brazil, and trades on the TSX Venture and OTCQX.

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report)'s stock price traded up 14% during trading on Tuesday . The company traded as high as $6.7750 and last traded at $6.74. 56,509 shares changed hands during trading, a decline of 47% from the average session volume of 105,760 shares. The stock had previously closed at $5.91.

Jaguar Mining Price Performance

The firm has a market cap of $595.54 million, a P/E ratio of -36.76 and a beta of 0.90. The stock's 50 day moving average is $6.02 and its two-hundred day moving average is $4.99.

About Jaguar Mining

Jaguar Mining OTCMKTS: JAGGF is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.

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