Shares of Jaguar Mining Inc. (NYSE:

) are higher on the session by 1.46%, trading at $5.57. Overall call volume is now running at 5.37x the daily average, with 36% of all calls traded being purchases on the offer. 1,322 contracts have traded on the session so far. Jaguar Mining Inc. engaged in the acquisition, exploration, development and operation of gold producing properties at its 93,000-acre land base in the Iron Quadrangle region of Brazil, a greenstone belt located near the city of Belo Horizonte in the state of Minas Gerais.