Jaguar Mining (TSE:JAG) Stock Price Down 1.9% – Time to Sell?

Jaguar Mining Inc. (TSE:JAG) fell 1.9% on Wednesday. The stock traded as low as C$7.01 and last traded at C$7.06. 112,742 shares changed hands during trading, a decline of 39% from the average daily volume of 186,254 shares. The stock had previously closed at C$7.20.

Jaguar Mining Stock Up 1.9%

The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.02 and a current ratio of 1.27. The company’s fifty day moving average price is C$7.16 and its 200-day moving average price is C$6.60. The stock has a market cap of C$603.29 million, a P/E ratio of 54.38 and a beta of 4.38.

Jaguar Mining (TSE:JAG) last released its earnings results on Friday, August 14th. The company reported C$0.26 earnings per share for the quarter. The business had revenue of C$72.96 million for the quarter. Jaguar Mining had a return on equity of 4.83% and a net margin of 7.29%. Equities analysts forecast that Jaguar Mining Inc. will post 0.4742807 EPS for the current 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.