Jaguar Mining Inc. (TSE:JAG) Insider 2176423 Ontario Ltd. Acquires 54,900 Shares

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 54,900 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were acquired at an average price of C$2.46 per share, with a total value of C$134,916.75.

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

• On Thursday, April 25th, 2176423 Ontario Ltd. bought 7,100 shares of Jaguar Mining stock. The stock was acquired at an average price of C$2.98 per share, for a total transaction of C$21,150.19.
• On Thursday, April 4th, 2176423 Ontario Ltd. acquired 100,000 shares of Jaguar Mining stock. The shares were bought at an average cost of C$2.69 per share, with a total value of C$269,090.00.
• On Tuesday, March 26th, 2176423 Ontario Ltd. bought 49,600 shares of Jaguar Mining stock. The stock was bought at an average price of C$2.40 per share, for a total transaction of C$119,040.00.

Jaguar Mining Stock Performance

Shares of Jaguar Mining stock traded down C$0.08 during mid-day trading on Monday, hitting C$2.47. 27,300 shares of the stock were exchanged, compared to its average volume of 42,638. Jaguar Mining Inc. has a 12 month low of C$1.12 and a 12 month high of C$3.14. The company has a 50-day simple moving average of C$2.75 and a 200 day simple moving average of C$2.25. The company has a market capitalization of C$195.30 million, a P/E ratio of 8.50 and a beta of 1.59. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.02 and a current ratio of 1.68.

Jaguar Mining (TSE:JAG) last posted its quarterly earnings data 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 business had revenue of C$43.92 million during the quarter. Jaguar Mining had a return on equity of 7.00% and a net margin of 12.16%. Sell-side analysts anticipate that Jaguar Mining Inc. will post 0.5763052 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.