Jaguar Mining (TSE:JAG) Shares Up 16.7%

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 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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