Jaguar Stock Falls On Unusually High Volume (JAG)

NEW YORK ( TheStreet) -- Jaguar Mining (NYSE: JAG) is trading at unusually high volume Wednesday with 5.9 million shares changing hands. It is currently at 4.4 times its average daily volume and trading down 96 cents (-20.7%) at $3.66 as of 12:50 p.m. ET.

Jaguar has a market cap of $341 million and is part of the basic materials sector and metals & mining industry. Shares are down 36.7% 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. The company controls 38,220 hectares in the Iron Quadrangle mining district of Brazil.

TheStreet Ratings rates Jaguar as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally weak debt management. You can view the full Jaguar Ratings Report.

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