Jaguar Mining (TSE:JAG) Trading Down 2.5% – Here’s Why

Jaguar Mining Inc. (TSE:JAG) dropped 2.5% during trading on Wednesday . The company traded as low as C$5.02 and last traded at C$5.16. 97,728 shares were traded during trading, a decline of 48% from the average session volume of 188,978 shares. The stock had previously closed at C$5.29.

Jaguar Mining Stock Performance

The company has a market cap of C$440.31 million, a P/E ratio of -39.69 and a beta of 4.09. The company’s 50-day moving average is C$6.06 and its two-hundred day moving average is C$7.21. The company has a quick ratio of 1.02, a current ratio of 1.29 and a debt-to-equity ratio of 3.29.

Jaguar Mining (TSE:JAG) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.17 earnings per share (EPS) for the quarter. The business had revenue of C$62.00 million during the quarter. Jaguar Mining had a negative net margin of 6.32% and a negative return on equity of 3.94%. Equities analysts predict that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

Jaguar Mining Company Profile

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. The company is a long-term producer, having been in continuous production since 2006, with plans to significantly grow production over the next few years.