Jaguar Mining (TSE:JAG) Upgraded by Ventum Cap Mkts to “Strong-Buy” Rating

Jaguar Mining (TSE:JAG) was upgraded by equities researchers at Ventum Cap Mkts from a “hold” rating to a “strong-buy” rating in a report issued on Friday,Zacks.com reports.

Jaguar Mining Trading Up 2.3%

Shares of TSE JAG opened at C$5.40 on Friday. 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 stock’s 50 day moving average price is C$5.87 and its two-hundred day moving average price is C$4.48. Jaguar Mining has a 52-week low of C$1.97 and a 52-week high of C$7.52. The stock has a market capitalization of C$460.19 million, a P/E ratio of -16.36 and a beta of 2.76.

About Jaguar Mining

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.