Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Buys 10,100 Shares of Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. acquired 10,100 shares of Jaguar Mining stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average cost of C$2.25 per share, for a total transaction 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, for a total transaction of C$134,414.16.
• On Friday, January 10th, 2176423 Ontario Ltd. purchased 11,500 shares of Jaguar Mining stock. The shares were bought at an average cost of C$2.25 per share, for a total transaction of C$25,875.00.

Jaguar Mining Stock Performance

Shares of JAG stock opened at C$2.30 on Monday. The company’s fifty day simple moving average is C$2.77 and its 200-day simple moving average is C$3.90. 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 current ratio of 1.92, a quick ratio of 1.02 and a debt-to-equity ratio of 1.69. The company has a market cap of C$182.05 million, a PE ratio of 4.34 and a beta of 1.64.

Jaguar Mining (TSE:JAG) last released its quarterly earnings results on Friday, November 8th. The company reported C$0.04 earnings per share 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 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Ventum Financial cut their price target on shares of Jaguar Mining from C$5.15 to C$4.10 in a research note 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.