Jaguar Mining (TSE:JAG) Trading 0.4% Higher – Should You Buy?

Jaguar Mining Inc. (TSE:JAG)’s share price traded up 0.4% during trading on Friday . The stock traded as high as C$2.68 and last traded at C$2.61. 23,464 shares traded 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.

Wall Street Analysts Forecast Growth

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

Jaguar Mining Stock Up 0.4 %

The company has a debt-to-equity ratio of 3.07, a current ratio of 1.82 and a quick ratio of 1.02. The stock’s fifty day simple moving average is C$2.50 and its two-hundred day simple moving average is C$3.69. The company has a market capitalization of C$145.03 million, a price-to-earnings ratio of 4.94 and a beta of 1.64.

Insiders Place Their Bets

In other news, insider 2176423 Ontario Ltd. acquired 60,400 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average cost of C$2.23 per share, for a total transaction of C$134,414.16. Insiders have acquired 91,985 shares of company stock valued at $212,413 over the last quarter. Insiders own 55.03% of the company’s stock.

Jaguar Mining Company Profile

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.