Jaguar Mining (TSE:JAG) Shares Down 0.8% – Here’s What Happened

Jaguar Mining Inc. (TSE:JAG) traded down 0.8% during trading on Thursday . The stock traded as low as C$3.69 and last traded at C$3.69. 13,270 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 66,280 shares. The stock had previously closed at C$3.72.

Analyst Upgrades and Downgrades

Separately, Ventum Financial lifted their target price on Jaguar Mining from C$2.75 to C$4.50 in a research note on Thursday, August 29th.

Jaguar Mining Trading Down 0.8 %

The company has a market capitalization of C$292.06 million, a P/E ratio of 6.96 and a beta of 1.64. The business has a fifty day moving average price of C$4.64 and a 200 day moving average price of C$3.91. The company has a quick ratio of 1.02, a current ratio of 1.92 and a debt-to-equity ratio of 1.69.

Insider Buying and Selling

In other Jaguar Mining news, Senior Officer Jonathan Victor Hill sold 5,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$4.79, for a total transaction of C$26,327.95. Over the last quarter, insiders have sold 12,250 shares of company stock worth $61,846. Corporate insiders own 55.03% of the company’s stock.

About Jaguar Mining

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.