Jaguar Mining (OTCMKTS:JAGGF) Shares Down 27.9% – What’s Next?

Jaguar Mining Inc. (OTCMKTS:JAGGFGet Free Report)’s stock price fell 27.9% during mid-day trading on Monday . The stock traded as low as $1.80 and last traded at $1.86. 498,796 shares changed hands during mid-day trading, an increase of 828% from the average session volume of 53,752 shares. The stock had previously closed at $2.58.

Jaguar Mining Price Performance

The company has a market capitalization of $146.71 million, a P/E ratio of 4.80 and a beta of 1.78. The business has a 50-day moving average of $3.11 and a 200-day moving average of $2.89.

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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