Jaguar Mining (TSE:JAG) had its price objective decreased by research analysts at Pi Financial from C$0.45 to C$0.40 in a research report issued to clients and investors on Monday. Pi Financial’s target price suggests a potential upside of 175.86% from the company’s previous close.
Jaguar Mining stock traded down C$0.02 during midday trading on Monday, hitting C$0.15. 69,500 shares of the company’s stock were exchanged, compared to its average volume of 101,997. The company has a debt-to-equity ratio of 12.73, a current ratio of 1.04 and a quick ratio of 0.55. Jaguar Mining has a 12 month low of C$0.14 and a 12 month high of C$0.40. The stock has a market cap of $52.09 million and a price-to-earnings ratio of 3.30.
About Jaguar Mining
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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