Jaguar Mining (OTCMKTS:JAGGF) Reaches New 52-Week High – Here’s What Happened

Jaguar Mining Inc. (OTCMKTS:JAGGF)’s stock price reached a new 52-week high on Monday . The company traded as high as $6.9540 and last traded at $6.9320, with a volume of 22582 shares. The stock had previously closed at $6.63.

Jaguar Mining Stock Up 1.7%

The business has a 50-day simple moving average of $5.39 and a 200-day simple moving average of $4.34. The company has a market cap of $567.97 million, a PE ratio of -35.06 and a beta of 0.94.

Jaguar Mining (OTCMKTS:JAGGF) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). Jaguar Mining had a positive return on equity of 3.72% and a negative net margin of 10.83%.The firm had revenue of $33.81 million for the quarter, compared to analysts’ expectations of $51.68 million.

Jaguar Mining Company Profile

Jaguar Mining (OTCMKTS:JAGGF) is a Canada-based junior gold producer, development and exploration company with operations concentrated in the Iron Quadrangle region of Minas Gerais, Brazil. The company is listed on the TSX Venture Exchange and trades in the United States on the OTCQX Best Market. Jaguar’s principal objective is to build a mid-tier gold producer through the optimization of its existing asset base and the continued exploration of its extensive land package in a historically gold-rich district.

Jaguar Mining’s core operations comprise three underground gold mines—Turmalina, Caeté and Pilar—each supported by on-site milling and processing facilities employing carbon-in-leach (CIL) technology.