Jaguar Mining (OTCMKTS:JAGGD) Trading Up 1.3% – Time to Buy?

Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report)’s share price was up 1.3% during mid-day trading on Thursday . The stock traded as high as $5.40 and last traded at $5.38. Approximately 61,861 shares were traded during mid-day trading, an increase of 86% from the average daily volume of 33,340 shares. The stock had previously closed at $5.31.

Jaguar Mining Trading Up 1.3%

The company’s fifty day simple moving average is $5.37 and its 200-day simple moving average is $5.33. The stock has a market cap of $389.24 million, a P/E ratio of 10.76 and a beta of 2.75.

About Jaguar Mining

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Jaguar Mining Inc is a gold producer with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company’s primary assets include the Caeté and Turmalina underground gold mines, together with the Paciência development project. Headquartered in Vancouver, Canada, Jaguar Mining leverages a combination of long‐established infrastructure and newer exploration licences covering more than 70,000 hectares to support its growth strategy.

The company’s core activities span exploration, development, extraction, milling and sale of gold.

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