Jaguar Mining (OTCMKTS:JAGGD) Shares Climb 2.8% – What’s Next?

Shares of Jaguar Mining Inc. (OTCMKTS:JAGGD) shot up 2.8% during trading on Friday. The stock traded as high as $4.11 and last traded at $4.11. 27,156 shares were traded during mid-day trading, a decline of 19% from the average session volume of 33,340 shares. The stock had previously closed at $4.00.

Jaguar Mining Trading Up 2.8%

The firm’s 50-day moving average price is $5.15 and its 200 day moving average price is $5.06. The company has a market capitalization of $297.36 million, a price-to-earnings ratio of 8.22 and a beta of 2.75.

Jaguar Mining Company Profile

Jaguar Mining Inc is a Canadian gold mining company focused on the acquisition, development, exploration and production of gold in Brazil. Its shares trade on the Toronto Stock Exchange under the symbol JAG and in the over-the-counter market under the symbol JAGGD.

The company’s primary operations are located in the state of Minas Gerais, a historically important gold-producing region in southeastern Brazil. Jaguar Mining operates the Turmalina and Pilar underground gold mines, along with associated processing and infrastructure facilities.