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Jaguar Mining (TSE:JAG) Shares Down 11.3% - Should You Sell?

Jaguar Mining logo with Basic Materials background

Jaguar Mining Inc. (TSE:JAG - Get Free Report) shares traded down 11.3% on Wednesday . The stock traded as low as C$2.07 and last traded at C$2.20. 87,980 shares were traded during trading, an increase of 38% from the average session volume of 63,827 shares. The stock had previously closed at C$2.48.

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.

View Our Latest Report on Jaguar Mining

Jaguar Mining Stock Down 13.7 %

The firm's 50-day simple moving average is C$3.23 and its 200 day simple moving average is C$3.92. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.02 and a current ratio of 1.92. The stock has a market capitalization of C$169.38 million, a P/E ratio of 4.04 and a beta of 1.64.

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.

Further Reading

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