Jaguar Mining Inc. (OTCMKTS:JAGGF) Short Interest Update

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 target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 836,400 shares, an increase of 30.6% from the July 31st total of 640,300 shares. Based on an average daily volume of 148,400 shares, the days-to-cover ratio is presently 5.6 days. Based on an average daily volume of 148,400 shares, the days-to-cover ratio is presently 5.6 days.

Jaguar Mining Stock Performance

Jaguar Mining stock traded up $0.01 during midday trading on Friday, reaching $4.04. 102,633 shares of the stock were exchanged, compared to its average volume of 66,716. Jaguar Mining has a 52 week low of $1.39 and a 52 week high of $4.50. The firm has a market cap of $320.58 million, a PE ratio of -12.62 and a beta of 0.91. The company's fifty day moving average is $3.15 and its 200-day moving average is $2.58.

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

About Jaguar Mining

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.