Jaguar Mining Inc. (TSE:JAG) Insider Acquires C$215,576.20 in Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 86,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The stock was acquired at an average cost of C$2.51 per share, with a total value of C$215,576.20.

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

• On Friday, June 21st, 2176423 Ontario Ltd. purchased 54,900 shares of Jaguar Mining stock. The stock was acquired at an average cost of C$2.46 per share, with a total value of C$134,916.75.
• On Thursday, April 25th, 2176423 Ontario Ltd. acquired 7,100 shares of Jaguar Mining stock. The shares were purchased at an average cost of C$2.98 per share, with a total value of C$21,150.19.
• On Thursday, April 4th, 2176423 Ontario Ltd. acquired 100,000 shares of Jaguar Mining stock. The shares were purchased at an average cost of C$2.69 per share, with a total value of C$269,090.00.

Jaguar Mining Stock Performance

TSE JAG opened at C$2.27 on Friday. The firm has a market cap of C$179.49 million, a price-to-earnings ratio of 7.57 and a beta of 1.59. The company has a 50 day moving average of C$2.68 and a 200-day moving average of C$2.26. The company has a current ratio of 1.68, a quick ratio of 1.02 and a debt-to-equity ratio of 2.08. Jaguar Mining Inc. has a 1-year low of C$1.12 and a 1-year high of C$3.14.

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

Wall Street Analysts Forecast Growth

Separately, Ventum Financial raised 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.