Jaguar Mining (OTCMKTS:JAGGD) Stock Price Down 9.7% – What’s Next?

Shares of Jaguar Mining Inc. (OTCMKTS:JAGGDGet Free Report) were down 9.7% during trading on Thursday . The stock traded as low as $4.48 and last traded at $4.49. Approximately 95,230 shares traded hands during mid-day trading, an increase of 186% from the average daily volume of 33,340 shares. The stock had previously closed at $4.97.

Jaguar Mining Price Performance

The business’s fifty day moving average is $5.03 and its 200-day moving average is $5.40. The firm has a market cap of $324.85 million, a PE ratio of 8.98 and a beta of 2.75.

Jaguar Mining Company Profile

(Get Free Report)

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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