Jaguar Mining (TSE:JAG) Trading Down 5.3% - Time to Sell?

Key Points

• Jaguar Mining's stock fell by 5.3%, trading as low as C$5.61, with a significant increase in trading volume of 139% from its average session.
• The company has a high debt-to-equity ratio of 3.07 and a market cap of C$447.67 million, indicating financial leverage and size concerns for investors.
• Jaguar Mining operates three gold mining complexes in Brazil's Iron Quadrangle and holds considerable land with exploration potential.

Jaguar Mining Inc. (TSE:JAG - ) traded down 5.3% during trading on Monday . The stock traded as low as C$5.61 and last traded at C$5.70. 277,927 shares were traded during mid-day trading, an increase of 139% from the average session volume of 116,194 shares. The stock had previously closed at C$6.02.

Jaguar Mining Price Performance

The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02. The company's 50-day simple moving average is C$4.74 and its 200-day simple moving average is C$3.81. The company has a market cap of C$447.67 million, a price-to-earnings ratio of -17.09 and a beta of 2.29.

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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