Jaguar Mining (TSE:JAG) Trading Up 2.3% – Here’s Why

Jaguar Mining Inc. (TSE:JAG) shares shot up 2.3% during trading on Monday . The company traded as high as C$2.29 and last traded at C$2.24. 165,823 shares changed hands during trading, an increase of 131% from the average session volume of 71,848 shares. The stock had previously closed at C$2.19.

Analyst Ratings Changes

Separately, Ventum Financial dropped their price target on Jaguar Mining from C$5.15 to C$4.10 in a report on Monday, December 9th.

Jaguar Mining Stock Up 2.3 %

The stock has a 50 day moving average price of C$3.52 and a 200 day moving average price of C$3.92. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.02 and a current ratio of 1.92. The company has a market capitalization of C$177.30 million, a P/E ratio of 4.23 and a beta of 1.64.

Jaguar Mining Company Profile

Jaguar Mining Inc, a junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. The company’s principal assets include the Turmalina Gold Mine Complex and Caeté Gold Mine Complex with mineral claims covering an area of approximately 56,000 hectares located in the Iron Quadrangle in the state of Minas Gerais.