Jaguar Mining Inc. (TSE:JAG) Insider Buys C$22,725.00 in Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 10,100 shares of Jaguar Mining stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average cost of C$2.25 per share, with a total value of C$22,725.00.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Monday, January 13th, 2176423 Ontario Ltd. bought 60,400 shares of Jaguar Mining stock. The stock was bought at an average cost of C$2.23 per share, with a total value of C$134,414.16.
• On Friday, January 10th, 2176423 Ontario Ltd. acquired 11,500 shares of Jaguar Mining stock. The shares were acquired at an average cost of C$2.25 per share, with a total value of C$25,875.00.

Jaguar Mining Stock Performance

Shares of JAG stock traded up C$0.07 during mid-day trading on Friday, reaching C$2.31. 176,413 shares of the company’s stock traded hands, compared to its average volume of 103,923. Jaguar Mining Inc. has a 12 month low of C$1.43 and a 12 month high of C$5.92. The firm has a 50 day moving average price of C$2.83 and a two-hundred day moving average price of C$3.91. 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 firm has a market capitalization of C$182.84 million, a PE ratio of 4.36 and a beta of 1.64.

Jaguar Mining (TSE:JAG) last released its earnings results on Friday, November 8th. The company reported C$0.04 earnings per share for the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.92%. On average, research analysts forecast that Jaguar Mining Inc. will post 0.4742807 EPS for the current year.

Wall Street Analyst Weigh In

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

Jaguar Mining Company Profile

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.