Mirasol Resources (CVE:MRZ) Stock Price Passes Above Fifty Day Moving Average of $0.41

Shares of Mirasol Resources Ltd. (CVE:MRZ) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.41 and traded as high as C$0.44. Mirasol Resources shares last traded at C$0.44, with a volume of 9,400 shares.

Mirasol Resources Price Performance

The stock has a fifty day moving average of C$0.41 and a two-hundred day moving average of C$0.49. The stock has a market cap of C$33.81 million, a price-to-earnings ratio of -3.03 and a beta of 1.51. The company has a quick ratio of 8.86, a current ratio of 4.20 and a debt-to-equity ratio of 2.50.

Mirasol Resources (CVE:MRZ) last announced its quarterly earnings data on Tuesday, May 28th. The company reported C($0.03) earnings per share for the quarter.

Insider Buying and Selling

In other news, insider Glenn Pountney bought 150,000 shares of the firm’s stock in a transaction on Tuesday, July 16th. The shares were bought at an average cost of C$0.40 per share, for a total transaction of C$60,000.00. Insiders have acquired 238,000 shares of company stock valued at $94,280 over the last quarter. Company insiders own 42.13% of the company’s stock.

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.