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Jaguar Mining Inc. (OTCMKTS:JAGGF) Sees Significant Increase in Short Interest

Jaguar Mining logo with Basic Materials background

Jaguar Mining Inc. (OTCMKTS:JAGGF - Get Free Report) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 307,700 shares, an increase of 15.3% from the October 15th total of 266,800 shares. Based on an average daily trading volume, of 142,300 shares, the days-to-cover ratio is currently 2.2 days.

Jaguar Mining Stock Performance

Shares of JAGGF stock traded up $0.08 on Friday, hitting $2.69. 73,127 shares of the company's stock traded hands, compared to its average volume of 52,433. The stock has a market capitalization of $213.34 million, a price-to-earnings ratio of 7.08 and a beta of 1.83. The company's fifty day simple moving average is $3.58 and its 200 day simple moving average is $2.81. Jaguar Mining has a one year low of $1.07 and a one year high of $4.50.

About Jaguar Mining

(Get Free Report)

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.

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