Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Buys C$22,725.00 in Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. acquired 10,100 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The shares were purchased at an average cost of C$2.25 per share, with a total value of C$22,725.00.

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

• On Monday, January 13th, 2176423 Ontario Ltd. acquired 60,400 shares of Jaguar Mining stock. The shares were purchased at an average cost of C$2.23 per share, with a total value of C$134,414.16.
• On Friday, January 10th, 2176423 Ontario Ltd. purchased 11,500 shares of Jaguar Mining stock. The stock was bought at an average cost of C$2.25 per share, with a total value of C$25,875.00.

Jaguar Mining Trading Up 2.7 %

Shares of Jaguar Mining stock opened at C$2.30 on Monday. Jaguar Mining Inc. has a 52-week low of C$1.43 and a 52-week high of C$5.92. The company has a quick ratio of 1.02, a current ratio of 1.92 and a debt-to-equity ratio of 1.69. The company’s 50-day simple moving average is C$2.77 and its 200-day simple moving average is C$3.90. The firm has a market cap of C$182.05 million, a price-to-earnings ratio of 4.34 and a beta of 1.64.

Jaguar Mining (TSE:JAG) last issued its quarterly earnings results on Friday, November 8th. The company reported C$0.04 earnings per share (EPS) for the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.92%. As a group, equities research analysts anticipate that Jaguar Mining Inc. will post 0.4742807 earnings per share for the current year.

Analyst Ratings Changes

Separately, Ventum Financial reduced their price target on shares of Jaguar Mining from C$5.15 to C$4.10 in a research report on Monday, December 9th.

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.