Jaguar Mining (TSE:JAG) Shares Up 2.8% - Here's Why

Key Points

• Jaguar Mining Inc. shares saw a 2.8% increase in mid-day trading, reaching a high of C$6.85 before closing at C$6.68, marking a significant trading volume boost of 244% compared to its average.
• The company's market capitalization stands at C$569.28 million with a challenging price-to-earnings ratio of -20.24 and a high debt-to-equity ratio of 3.07.
• Jaguar operates in the Iron Quadrangle region of Brazil, owning three gold mining complexes and a substantial land package that presents considerable exploration potential.

Jaguar Mining Inc. (TSE:JAG - ) shot up 2.8% during mid-day trading on Monday . The stock traded as high as C$6.85 and last traded at C$6.68. 513,897 shares were traded during trading, an increase of 244% from the average session volume of 149,406 shares. The stock had previously closed at C$6.50.

Jaguar Mining Trading Up 2.8%

The company's 50-day moving average is C$5.52 and its 200-day moving average is C$4.21. The firm has a market cap of C$569.28 million, a price-to-earnings ratio of -20.24 and a beta of 2.55. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.02 and a current ratio of 1.82.

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.

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