Short Interest in Jaguar Mining Inc. (OTCMKTS:JAGGF) Rises By 30.6%

Key Points

• Short interest in Jaguar Mining Inc. increased by **30.6%** in August, reaching a total of **836,400 shares** compared to 640,300 shares at the end of July.
• The company reported earnings of **$0.21 per share**, exceeding analysts' expectations of **$0.11**, despite revenues falling short at **$35.83 million** against a forecast of **$51.68 million**.
• Jaguar Mining's stock is currently priced at **$3.86** with a **market cap of $305.98 million** and a **1-year price range** between **$1.39 and $4.50**.

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 836,400 shares, agrowthof30.6% from the July 31st total of 640,300 shares. Based on an average daily trading volume, of 148,400 shares, the days-to-cover ratio is presently 5.6 days. Based on an average daily trading volume, of 148,400 shares, the days-to-cover ratio is presently 5.6 days.

Jaguar Mining Price Performance

Shares of Jaguar Mining stock traded down $0.10 on Tuesday, reaching $3.86. The company had a trading volume of 117,556 shares, compared to its average volume of 53,820. Jaguar Mining has a 1 year low of $1.39 and a 1 year high of $4.50. The firm has a market cap of $305.98 million, a price-to-earnings ratio of -12.06 and a beta of 0.91. The firm's 50-day moving average price is $3.05 and its two-hundred day moving average price is $2.53.

Jaguar Mining (OTCMKTS:JAGGF - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.10. Jaguar Mining had a positive return on equity of 1.41% and a negative net margin of 17.87%.The business had revenue of $35.83 million for the quarter, compared to the consensus estimate of $51.68 million.

Jaguar Mining Company Profile

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company's principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.