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Jaguar Mining (TSE:JAG) Stock Price Down 3.4% - Here's Why

Jaguar Mining logo with Basic Materials background
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Jaguar Mining Inc. (TSE:JAG - Get Free Report)'s stock price dropped 3.4% on Friday . The company traded as low as C$2.86 and last traded at C$2.88. Approximately 60,760 shares changed hands during trading, a decline of 33% from the average daily volume of 90,679 shares. The stock had previously closed at C$2.98.

Wall Street Analyst Weigh In

Separately, Ventum Financial lowered their price objective on shares of Jaguar Mining from C$5.15 to C$4.10 in a report on Monday, December 9th.

Check Out Our Latest Stock Analysis on Jaguar Mining

Jaguar Mining Price Performance

The firm has a market cap of C$162.26 million, a price-to-earnings ratio of 5.53 and a beta of 1.64. The business has a 50 day simple moving average of C$2.66 and a 200-day simple moving average of C$3.48. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.02 and a current ratio of 1.82.

Insider Activity at Jaguar Mining

In other news, insider 2176423 Ontario Ltd. acquired 60,400 shares of Jaguar Mining stock in a transaction on Monday, January 13th. The stock was acquired at an average cost of C$2.23 per share, with a total value of C$134,414.16. Insiders have purchased a total of 89,336 shares of company stock valued at $202,745 over the last 90 days. Insiders own 55.03% of the company's stock.

Jaguar Mining Company Profile

(Get Free Report)

Jaguar Mining Inc is a Canadian-listed junior gold mining, development and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. Jaguar owns three gold mining complexes, and a large land package with significant upside exploration potential.

Further Reading

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