Jaguar Mining Inc. (OTCMKTS:JAGGF) Sees Large Decrease in Short Interest

Jaguar Mining Inc. (OTCMKTS:JAGGF) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 397,900 shares, a drop of 8.9% from the May 31st total of 436,700 shares. Based on an average trading volume of 51,100 shares, the days-to-cover ratio is currently 7.8 days.

Jaguar Mining Trading Up 4.6 %

Jaguar Mining stock opened at $1.75 on Wednesday. The firm has a 50-day moving average price of $1.94 and a 200-day moving average price of $1.67. The firm has a market capitalization of $138.37 million, a PE ratio of 8.33 and a beta of 1.68. Jaguar Mining has a 12-month low of $0.83 and a 12-month high of $2.27.

Jaguar Mining (OTCMKTS:JAGGF) last released its earnings results on Thursday, May 9th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $32.58 million during the quarter. Jaguar Mining had a net margin of 12.16% and a return on equity of 6.95%.

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.