Shares of Jaguar Mining Inc. (TSE:JAG) shot up 16.7% on Friday . The stock traded as high as C$0.21 and last traded at C$0.21, 818,545 shares changed hands during trading. An increase of 206% from the average session volume of 267,541 shares. The stock had previously closed at C$0.18.
Separately, Pi Financial increased their price target on Jaguar Mining from C$0.15 to C$0.20 in a research note on Wednesday, July 24th.
The business has a fifty day moving average price of C$0.16. The company has a market capitalization of $72.27 million and a price-to-earnings ratio of -4.49. The company has a current ratio of 0.81, a quick ratio of 0.41 and a debt-to-equity ratio of 23.84.
Jaguar Mining (TSE:JAG) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$28.47 million during the quarter. Research analysts forecast that Jaguar Mining Inc. will post 0.0311111 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 CaetÃ© 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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