Jaguar Mining (TSE:JAG) Reaches New 1-Year High - Should You Buy?

Key Points

• Jaguar Mining Inc. (TSE:JAG) reached a new **52-week high** of C$5.99 during trading, with a last traded price of C$5.98 and significant trading volume of **268,594 shares**.
• The company has a **market capitalization** of C$470.69 million and a notable **debt-to-equity ratio** of 3.07, indicating a high level of debt relative to equity.
• Insider 2176423 Ontario Ltd. purchased **100,000 shares** at an average price of C$3.33 per share, contributing to the **55.03%** of stock currently owned by corporate insiders.

Jaguar Mining Inc. (TSE:JAG - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$5.99 and last traded at C$5.98, with a volume of 268594 shares traded. The stock had previously closed at C$5.78.

Jaguar Mining Stock Performance

The firm has a market cap of C$472.28 million, a price-to-earnings ratio of -18.03 and a beta of 2.29. The stock has a 50 day moving average of C$4.57 and a 200 day moving average of C$3.72. The company has a quick ratio of 1.02, a current ratio of 1.82 and a debt-to-equity ratio of 3.07.

Insider Buying and Selling

In related news, insider 2176423 Ontario Ltd. purchased 100,000 shares of the company's stock in a transaction that occurred on Monday, June 30th. The stock was acquired at an average price of C$3.33 per share, with a total value of C$333,330.00. 55.03% of the stock is currently owned by company insiders.

Jaguar Mining Company Profile

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.