Jaguar Mining (TSE:JAG) Sets New 52-Week Low – Here’s Why

Jaguar Mining Inc. (TSE:JAG) hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$4.34 and last traded at C$4.52, with a volume of 435,636 shares trading hands. The stock had previously closed at C$5.09.

Jaguar Mining Stock Performance

The stock has a market capitalization of C$389.11 million, a PE ratio of 35.08 and a beta of 4.35. The company has a quick ratio of 1.02, a current ratio of 1.27 and a debt-to-equity ratio of 3.43. The stock has a fifty day moving average of C$6.70 and a 200-day moving average of C$6.82.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings results on Friday, November 13th. The company reported C$0.21 earnings per share for the quarter. Jaguar Mining had a return on equity of 4.83% and a net margin of 7.29%. The company had revenue of C$86.52 million for the quarter. Equities analysts anticipate that Jaguar Mining Inc. will post 0.47 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 Brazil with three gold mining complexes and a large land package with significant upside exploration potential from mineral claims. The Company’s principal operating assets are located in the Iron Quadrangle, a prolific greenstone belt in the state of Minas Gerais and include the MTL complex (Turmalina mine and plants) and Caete complex (Pilar and Roça Grande mines, and Caete plant). The Roça Grande mine has been on temporary care and maintenance since April 2019.