Insider Buying: Mirasol Resources (CVE:MRZ) Insider Acquires 120,000 Shares of Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney acquired 120,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was acquired at an average price of C$0.33 per share, for a total transaction of C$39,600.00. Following the completion of the purchase, the insider directly owned 15,980,500 shares of the company’s stock, valued at C$5,273,565. This trade represents a 0.76% increase in their position.

Glenn Pountney also recently made the following trade(s):

• On Thursday, August 13th, Glenn Pountney bought 4,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.33 per share, with a total value of C$1,320.00.
• On Monday, August 17th, Glenn Pountney bought 6,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.33 per share, with a total value of C$1,980.00.
• On Wednesday, July 29th, Glenn Pountney bought 9,500 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.32 per share, for a total transaction of C$3,040.00.
• On Friday, July 31st, Glenn Pountney purchased 1,500 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.31 per share, for a total transaction of C$465.00.
• On Friday, July 31st, Glenn Pountney purchased 6,500 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.32 per share, with a total value of C$2,080.00.
• On Monday, July 20th, Glenn Pountney purchased 2,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.32 per share, with a total value of C$640.00.
• On Monday, July 13th, Glenn Pountney acquired 10,000 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.35 per share, with a total value of C$3,500.00.
• On Tuesday, July 14th, Glenn Pountney acquired 10,500 shares of Mirasol Resources stock. The stock was bought at an average price of C$0.33 per share, for a total transaction of C$3,465.00.
• On Wednesday, July 15th, Glenn Pountney bought 5,000 shares of Mirasol Resources stock. The shares were bought at an average cost of C$0.35 per share, for a total transaction of C$1,750.00.
• On Wednesday, July 15th, Glenn Pountney bought 4,500 shares of Mirasol Resources stock. The shares were bought at an average price of C$0.33 per share, with a total value of C$1,485.00.

Mirasol Resources Stock Performance

CVE:MRZ remained flat at C$0.33 during trading hours on Monday. 6,474 shares of the company traded hands, compared to its average volume of 44,208. The company has a debt-to-equity ratio of 18,146.41, a current ratio of 0.41 and a quick ratio of 8.86. Mirasol Resources Ltd. has a 1 year low of C$0.30 and a 1 year high of C$0.88. The stock’s fifty day moving average price is C$0.33 and its 200-day moving average price is C$0.42. The company has a market capitalization of C$28.79 million, a PE ratio of -5.42 and a beta of 1.56.

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.