Jaguar Mining Inc. (TSE:JAG)’s stock price fell 9.1% during mid-day trading on Monday . The stock traded as low as C$0.20 and last traded at C$0.20, 108,890 shares changed hands during mid-day trading. A decline of 63% from the average session volume of 297,056 shares. The stock had previously closed at C$0.22.
Separately, Pi Financial raised their price objective on Jaguar Mining from C$0.15 to C$0.20 in a research note on Wednesday, July 24th.
The stock has a market capitalization of $72.27 million and a price-to-earnings ratio of -4.49. The firm has a fifty day moving average of C$0.19 and a 200 day moving average of C$0.16. The company has a debt-to-equity ratio of 23.84, a current ratio of 0.81 and a quick ratio of 0.41.
Jaguar Mining Inc engages in the acquisition, exploration, development, and operation of gold producing properties in Brazil. Its principal assets include the Turmalina Gold Mine Complex and CaetÃ© Gold Mine Complex located in the Iron Quadrangle in the state of Minas Gerais. The company was founded in 1984 and is headquartered in Toronto, Canada.
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