Short Interest in Jaguar Mining Inc. (OTCMKTS:JAGGF) Rises By 16.2%

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 315,500 shares, a growth of 16.2% from the September 15th total of 271,400 shares. Based on an average daily volume of 223,500 shares, the days-to-cover ratio is currently 1.4 days.

Jaguar Mining Stock Down 5.7 %

Shares of Jaguar Mining stock traded down $0.21 during trading hours on Tuesday, reaching $3.58. 99,311 shares of the company’s stock were exchanged, compared to its average volume of 48,613. The business has a fifty day moving average of $3.60 and a two-hundred day moving average of $2.64. The company has a market capitalization of $283.06 million, a P/E ratio of 17.05 and a beta of 1.79. Jaguar Mining has a 1 year low of $0.85 and a 1 year high of $4.50.

Jaguar Mining (OTCMKTS:JAGGF) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $44.78 million during the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.69%.

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.