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Jaguar Mining (TSE:JAG) Trading Up 9.2% - What's Next?

Jaguar Mining logo with Basic Materials background

Shares of Jaguar Mining Inc. (TSE:JAG - Get Free Report) rose 9.2% on Friday . The stock traded as high as C$3.56 and last traded at C$3.55. Approximately 157,752 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 99,395 shares. The stock had previously closed at C$3.25.

Jaguar Mining Trading Down 9.6%

The business's fifty day moving average price is C$2.89 and its 200 day moving average price is C$2.95. 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 firm has a market capitalization of C$178.37 million, a PE ratio of 6.08 and a beta of 1.64.

Insider Activity

In other Jaguar Mining news, insider 2176423 Ontario Ltd. bought 1,000,000 shares of the business's stock in a transaction on Friday, April 25th. The shares were bought at an average cost of C$2.80 per share, with a total value of C$2,800,000.00. Insiders have bought 2,006,699 shares of company stock valued at $5,669,427 in the last three months. Corporate insiders own 55.03% of the company's stock.

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.

See Also

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