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Jaguar Mining (TSE:JAG) Trading Up 2.1% - Still a Buy?

Jaguar Mining logo with Basic Materials background

Shares of Jaguar Mining Inc. (TSE:JAG - Get Free Report) shot up 2.1% during trading on Tuesday . The stock traded as high as C$3.85 and last traded at C$3.82. 202,763 shares changed hands during mid-day trading, an increase of 99% from the average session volume of 102,026 shares. The stock had previously closed at C$3.74.

Jaguar Mining Stock Up 0.8%

The firm's 50-day moving average price is C$3.63 and its 200 day moving average price is C$3.02. The firm has a market capitalization of C$209.49 million, a price-to-earnings ratio of 7.14 and a beta of 1.64. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02.

Insider Activity at Jaguar Mining

In other news, insider 2176423 Ontario Ltd. acquired 100,000 shares of Jaguar Mining stock in a transaction that occurred on Monday, June 30th. The shares were acquired at an average price of C$3.33 per share, with a total value of C$333,330.00. Insiders have purchased 2,102,988 shares of company stock valued at $5,992,892 in the last quarter. 55.03% of the stock is owned by corporate insiders.

About Jaguar Mining

(Get Free Report)

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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