Jaguar Mining (TSE:JAG) Hits New 1-Year High - Still a Buy?

Key Points

• Jaguar Mining Inc. shares reached a new 52-week high of C$6.37 during trading, closing at C$6.30.
• The company boasts a market capitalization of C$498.47 million and operates three gold mining complexes in Brazil's Iron Quadrangle.
• Jaguar Mining has a current ratio of 1.82 and a high beta of 2.55, indicating potential volatility in its stock performance.

Shares of Jaguar Mining Inc. (TSE:JAG - ) hit a new 52-week high during trading on Monday . The company traded as high as C$6.37 and last traded at C$6.30, with a volume of 157959 shares. The stock had previously closed at C$6.05.

Jaguar Mining Stock Up 3.8%

The company's fifty day simple moving average is C$4.92 and its 200 day simple moving average is C$3.92. The company has a current ratio of 1.82, a quick ratio of 1.02 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of C$498.47 million, a P/E ratio of -19.03 and a beta of 2.55.

About Jaguar Mining

Jaguar Mining Inc is a Canadian-listed junior gold mining, development and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. Jaguar owns three gold mining complexes, and a large land package with significant upside exploration potential.

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