Ventum Financial Increases Jaguar Mining (TSE:JAG) Price Target to C$4.50

Jaguar Mining (TSE:JAG) had its price target lifted by research analysts at Ventum Financial from C$2.75 to C$4.50 in a research note issued on Thursday, BayStreet.CA reports. Ventum Financial’s price target points to a potential downside of 4.46% from the stock’s previous close.

Jaguar Mining Stock Up 2.8 %

JAG opened at C$4.71 on Thursday. Jaguar Mining has a fifty-two week low of C$1.12 and a fifty-two week high of C$5.05. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.02 and a current ratio of 1.92. The company has a fifty day moving average of C$3.61 and a two-hundred day moving average of C$2.87. The stock has a market capitalization of C$372.80 million, a price-to-earnings ratio of 8.89 and a beta of 1.59.

Jaguar Mining (TSE:JAG) last released its earnings results on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter. The business had revenue of C$61.27 million during the quarter. Jaguar Mining had a net margin of 21.25% and a return on equity of 12.92%. On average, research analysts expect that Jaguar Mining will post 0.6982507 earnings per share for the current year.

Insider Buying and Selling

In other Jaguar Mining news, Senior Officer Jonathan Victor Hill sold 7,500 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$4.06, for a total value of C$30,450.00. In other news, insider 2176423 Ontario Ltd. bought 86,000 shares of the firm’s stock in a transaction on Tuesday, June 25th. The shares were bought at an average cost of C$2.51 per share, for a total transaction of C$215,576.20. Also, Senior Officer Jonathan Victor Hill sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$4.06, for a total transaction of C$30,450.00. Over the last three months, insiders have acquired 896,900 shares of company stock worth $2,990,433 and have sold 22,500 shares worth $94,601. 55.10% of the stock is currently owned by company insiders.

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.