NEW YORK ( TheStreet) -- Shares of Jaguar Mining (NYSE: JAG) were gapping down Wednesday morning with an open price 11.2% lower than Tuesday's closing price. The stock closed at $5.36 Tuesday and opened today's trading at $4.76. The average volume for Jaguar has been 1.8 million shares per day over the past 30 days. Jaguar has a market cap of $429.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 28.6% year to date as of the close of trading on Tuesday. Jaguar Mining Inc. engages in the production of gold, as well as in the acquisition, exploration, development, and operation of gold mineral properties in Brazil. It holds interests in the Turmalina, Paciencia, Sabara, and Caete gold projects in the state of Minas Gerais. TheStreet Ratings rates Jaguar as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full Jaguar Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.