Jaguar Mining (TSE:JAG) Stock Price Up 3.7% – Still a Buy?

Jaguar Mining Inc. (TSE:JAG)’s stock price shot up 3.7% during trading on Tuesday . The stock traded as high as C$6.24 and last traded at C$6.15. 146,689 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 198,690 shares. The stock had previously closed at C$5.93.

Jaguar Mining Trading Up 3.7%

The company’s 50 day simple moving average is C$6.66 and its 200 day simple moving average is C$7.40. The firm has a market cap of C$524.79 million, a price-to-earnings ratio of -47.31 and a beta of 3.93. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.29 and a quick ratio of 1.02.

Jaguar Mining (TSE:JAG) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.17 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%. As a group, research analysts expect that Jaguar Mining Inc. will post 0.4742807 earnings per share for the current fiscal 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.