Jaguar Mining (TSE:JAG) Trading 3.9% Higher - Time to Buy?

Key Points

• Jaguar Mining Inc. shares increased by 3.9% during mid-day trading on Thursday, with stock prices reaching a high of C$4.81 and last trading at C$4.77.
• The company's financials show a market capitalization of C$265.05 million, a quick ratio of 1.02, and a debt-to-equity ratio of 3.07.
• Insider activity revealed that 2176423 Ontario Ltd. purchased 100,000 shares at an average price of C$3.33, indicating strong confidence from insiders who own 55.03% of the stock.

Jaguar Mining Inc. (TSE:JAG - Get Free Report) traded up 3.9% on Thursday . The stock traded as high as C$4.81 and last traded at C$4.77. 127,807 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 106,540 shares. The stock had previously closed at C$4.59.

Jaguar Mining Stock Up 2.3%

The company has a quick ratio of 1.02, a current ratio of 1.82 and a debt-to-equity ratio of 3.07. The company has a market capitalization of C$387.35 million, a P/E ratio of -14.79 and a beta of 2.18. The firm has a fifty day simple moving average of C$3.99 and a 200-day simple moving average of C$3.41.

Insider Activity

In related news, insider 2176423 Ontario Ltd. purchased 100,000 shares of Jaguar Mining stock in a transaction on Monday, June 30th. The shares were purchased at an average price of C$3.33 per share, for a total transaction of C$333,330.00. Insiders own 55.03% of the company's stock.

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.