Insider Buying: Jaguar Mining Inc. (TSE:JAG) Insider Buys C$134,414.16 in Stock

Jaguar Mining Inc. (TSE:JAG) insider 2176423 Ontario Ltd. purchased 60,400 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of C$2.23 per share, for a total transaction of C$134,414.16.

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

• On Friday, January 10th, 2176423 Ontario Ltd. purchased 11,500 shares of Jaguar Mining stock. The shares were acquired at an average price of C$2.25 per share, with a total value of C$25,875.00.

Jaguar Mining Trading Up 0.9 %

Jaguar Mining stock opened at C$2.32 on Friday. The stock has a market capitalization of C$183.63 million, a PE ratio of 4.38 and a beta of 1.64. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.92 and a quick ratio of 1.02. Jaguar Mining Inc. has a 12-month low of C$1.43 and a 12-month high of C$5.92. The firm has a 50 day simple moving average of C$2.90 and a 200-day simple moving average of C$3.90.

Wall Street Analyst Weigh In

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

Jaguar Mining Company Profile

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.