Jaguar Mining (TSE:JAG) Sets New 12-Month High at $3.91

Shares of Jaguar Mining Inc. (TSE:JAG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$3.91 and last traded at C$3.88, with a volume of 96839 shares trading hands. The stock had previously closed at C$3.66.

Wall Street Analyst Weigh In

Separately, Ventum Financial boosted their price objective on shares of Jaguar Mining from C$2.35 to C$2.75 in a research report on Tuesday, May 28th.

Jaguar Mining Price Performance

The business’s 50-day simple moving average is C$3.06 and its 200-day simple moving average is C$2.63. The stock has a market cap of C$314.70 million, a PE ratio of 12.58 and a beta of 1.59. The company has a quick ratio of 1.02, a current ratio of 1.68 and a debt-to-equity ratio of 2.08.

Insider Buying and Selling at Jaguar Mining

In related news, Senior Officer Jonathan Victor Hill sold 7,500 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of C$3.80, for a total transaction of C$28,488.75. In related news, Senior Officer Jonathan Victor Hill sold 7,500 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of C$3.80, for a total value of C$28,488.75. Also, insider 2176423 Ontario Ltd. purchased 86,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 25th. The stock was bought at an average cost of C$2.51 per share, with a total value of C$215,576.20. Over the last quarter, insiders have bought 896,900 shares of company stock worth $2,990,433. 55.10% of the stock is currently owned by company insiders.

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.