Shares of Mirasol Resources Ltd. (CVE:MRZ – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.39 and traded as low as C$0.34. Mirasol Resources shares last traded at C$0.34, with a volume of 48,500 shares traded.
Mirasol Resources Stock Performance
The company has a debt-to-equity ratio of 18,146.41, a quick ratio of 8.86 and a current ratio of 0.41. The firm has a market cap of C$29.68 million, a price-to-earnings ratio of -5.58 and a beta of 1.56. The business has a fifty day simple moving average of C$0.33 and a 200-day simple moving average of C$0.39.
Insider Transactions at Mirasol Resources
In other Mirasol Resources news, insider Glenn Pountney bought 154,000 shares of Mirasol Resources stock in a transaction on Wednesday, August 19th. The shares were purchased at an average cost of C$0.33 per share, with a total value of C$50,820.00. Following the acquisition, the insider directly owned 16,151,000 shares of the company’s stock, valued at C$5,329,830. The trade was a 0.96% increase in their position. In the last three months, insiders have purchased 478,000 shares of company stock valued at $157,670. 42.13% of the stock is owned by company insiders.
Mirasol Resources Company Profile
Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company explores for gold, silver, and copper deposits. Its flagship projects include the Sobek Cu project, which covers an area of 11,100 hectares located in northern Chile; and the Inca Gold that covers an area of 16,300 hectares located on the Paleocene belt of Chile. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.
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