Mirasol Resources Ltd. (CVE:MRZ – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.39 and traded as low as C$0.32. Mirasol Resources shares last traded at C$0.32, with a volume of 131,600 shares changing hands.
Mirasol Resources Trading Up 1.6%
The stock has a market capitalization of C$28.35 million, a price-to-earnings ratio of -5.33 and a beta of 1.45. The company’s 50-day moving average is C$0.33 and its 200-day moving average is C$0.38. The company has a quick ratio of 8.86, a current ratio of 0.41 and a debt-to-equity ratio of 18,146.41.
Insider Activity at Mirasol Resources
In other Mirasol Resources news, insider Glenn Pountney acquired 154,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were purchased at an average cost of C$0.33 per share, for a total transaction of C$50,820.00. Following the completion of the acquisition, the insider owned 16,151,000 shares of the company’s stock, valued at approximately C$5,329,830. The trade was a 0.96% increase in their position. Over the last 90 days, insiders have purchased 411,000 shares of company stock worth $135,580. 42.13% of the stock is currently owned by insiders.
About Mirasol Resources
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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