Jaguar Mining (TSE:JAG) Sets New 12-Month High at $3.24

Posted by Rob Hiaasen on Jul 10th, 2024

Jaguar Mining Inc. (TSE:JAG – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$3.24 and last traded at C$3.20, with a volume of 151252 shares. The stock had previously closed at C$2.98.

Analysts Set New Price Targets

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

Get Our Latest Report on JAG

Jaguar Mining Stock Performance

The firm’s 50-day moving average price is C$2.64 and its two-hundred day moving average price is C$2.30. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.02 and a current ratio of 1.68. The stock has a market cap of C$245.12 million, a price-to-earnings ratio of 9.93 and a beta of 1.59.

Jaguar Mining (TSE:JAG – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.10 by C($0.05). The firm had revenue of C$43.92 million for the quarter. Jaguar Mining had a net margin of 12.16% and a return on equity of 7.00%. On average, analysts expect that Jaguar Mining Inc. will post 0.5763052 EPS for the current fiscal year.

Insider Buying and Selling at Jaguar Mining

In related news, insider 2176423 Ontario Ltd. bought 86,000 shares of the firm’s stock in a transaction on Tuesday, June 25th. The shares were bought at an average price of C$2.51 per share, with a total value of C$215,576.20. Insiders have purchased 160,258 shares of company stock valued at $405,449 over the last 90 days. 46.34% of the stock is owned by insiders.

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.