Jaguar Mining (TSE:JAG) Shares Up 0.4% - Here's Why

Jaguar Mining Inc. (TSE:JAG - Get Free Report) shares shot up 0.4% on Friday . The company traded as high as C$2.68 and last traded at C$2.61. 23,464 shares changed hands during trading, a decline of 76% from the average session volume of 96,390 shares. The stock had previously closed at C$2.60.

Analysts Set New Price Targets

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

Jaguar Mining Price Performance

The firm has a 50-day moving average of C$2.51 and a 200-day moving average of C$3.65. The stock has a market cap of C$143.36 million, a PE ratio of 4.89 and a beta of 1.64. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02.

Insider Buying and Selling at Jaguar Mining

In other news, insider 2176423 Ontario Ltd. bought 11,500 shares of Jaguar Mining stock in a transaction dated Friday, January 10th. The shares were purchased at an average cost of C$2.25 per share, with a total value of C$25,875.00. Insiders purchased a total of 89,336 shares of company stock valued at $202,745 in the last three months. 55.03% of the stock is currently owned by corporate insiders.

About Jaguar Mining

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.