Jaguar Mining (TSE:JAG) Hits New 12-Month High at $0.49

Jaguar Mining Inc. (TSE:JAG)’s stock price hit a new 52-week high on Monday . The company traded as high as C$0.49 and last traded at C$0.48, with a volume of 1208915 shares traded. The stock had previously closed at C$0.43.

Separately, Pi Financial increased their target price on shares of Jaguar Mining from C$0.25 to C$0.35 and gave the stock a “buy” rating in a research report on Tuesday, April 21st.

The company has a quick ratio of 0.88, a current ratio of 1.46 and a debt-to-equity ratio of 5.59. The stock has a market cap of $195.46 million and a P/E ratio of 22.73. The business’s 50-day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.26.

Jaguar Mining (TSE:JAG) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.03 earnings per share (EPS) for the quarter. The firm had revenue of C$41.35 million during the quarter. Analysts anticipate that Jaguar Mining Inc. will post 0.05 earnings per share for the current fiscal year.

About Jaguar Mining (TSE:JAG)

Jaguar Mining Inc 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. The company was founded in 1984 and is headquartered in Toronto, Canada.

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