Short Interest in Jaguar Mining Inc. (OTCMKTS:JAGGF) Rises By 15.3%

Jaguar Mining Inc. (OTCMKTS:JAGGFGet Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 307,700 shares, an increase of 15.3% from the October 15th total of 266,800 shares. Based on an average daily volume of 142,300 shares, the short-interest ratio is currently 2.2 days.

Jaguar Mining Stock Performance

OTCMKTS:JAGGF opened at $2.69 on Monday. The company has a 50-day moving average of $3.58 and a 200-day moving average of $2.82. Jaguar Mining has a 52 week low of $1.07 and a 52 week high of $4.50. The company has a market capitalization of $213.34 million, a price-to-earnings ratio of 7.08 and a beta of 1.83.

About Jaguar Mining

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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.

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