Jaguar Mining (TSE:JAG) Stock Price Up 0.3% – Still a Buy?

Shares of Jaguar Mining Inc. (TSE:JAG) rose 0.3% during trading on Wednesday. The company traded as high as C$6.39 and last traded at C$6.29. Approximately 56,994 shares traded hands during trading, a decline of 69% from the average session volume of 183,356 shares. The stock had previously closed at C$6.27.

Jaguar Mining Stock Performance

The stock has a market capitalization of C$536.73 million, a PE ratio of 48.38 and a beta of 4.24. The business’s 50 day moving average is C$7.36 and its 200 day moving average is C$6.57. The company has a current ratio of 1.27, a quick ratio of 1.02 and a debt-to-equity ratio of 3.43.

Jaguar Mining (TSE:JAG) last posted its quarterly earnings data on Friday, August 14th. The company reported C$0.28 earnings per share for the quarter. Jaguar Mining had a net margin of 7.29% and a return on equity of 4.83%. The company had revenue of C$72.96 million for the quarter. On average, equities research analysts predict that Jaguar Mining Inc. will post 0.47 earnings per share for the current fiscal year.

About Jaguar Mining

Jaguar Mining Inc is a Canadian-listed junior gold mining, development, and exploration company operating in Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company’s principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the MTL complex (Turmalina mine and plants) and Caete complex (Pilar and Roça Grande mines, and Caete plant). The Roça Grande mine has been on temporary care and maintenance since April 2019.