Jaguar Mining (TSE:JAG) Stock Price Down 1.9% – What’s Next?

Jaguar Mining Inc. (TSE:JAG)’s share price was down 1.9% during mid-day trading on Wednesday. The stock traded as low as C$7.01 and last traded at C$7.06. 112,742 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 186,254 shares. The stock had previously closed at C$7.20.

Jaguar Mining Stock Performance

The company has a market cap of C$602.44 million, a P/E ratio of 54.31 and a beta of 4.38. The business’s 50 day simple moving average is C$7.13 and its 200 day simple moving average is C$6.61. 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 results on Friday, August 14th. The company reported C$0.26 earnings per share for the quarter. The business had revenue of C$72.96 million during the quarter. Jaguar Mining had a net margin of 7.29% and a return on equity of 4.83%. Sell-side analysts predict that Jaguar Mining Inc. will post 0.4742807 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 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.