Jaguar Mining (OTCMKTS:JAGGF) Trading Down 6.8%

Jaguar Mining Inc. (OTCMKTS:JAGGF)’s share price dropped 6.8% during mid-day trading on Friday . The stock traded as low as $0.12 and last traded at $0.13, approximately 47,018 shares were traded during trading. A decline of 33% from the average daily volume of 69,899 shares. The stock had previously closed at $0.14.

Separately, ValuEngine cut shares of Jaguar Mining from a “buy” rating to a “hold” rating in a research report on Friday, September 6th.

The company’s 50-day moving average is $0.15 and its 200-day moving average is $0.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.46 and a current ratio of 0.71.

Jaguar Mining (OTCMKTS:JAGGF) last released its quarterly earnings data on Thursday, August 15th. The company reported ($0.01) earnings per share (EPS) for the quarter. Jaguar Mining had a negative return on equity of 7.35% and a negative net margin of 18.27%. The firm had revenue of $23.92 million for the quarter.

Jaguar Mining Company Profile (OTCMKTS:JAGGF)

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold producing properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex located in the Iron Quadrangle in the state of Minas Gerais.

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