Mirasol Resources (CVE:MRZ) Share Price Passes Above Fifty Day Moving Average of $0.47

Mirasol Resources Ltd. (CVE:MRZGet Rating)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.47 and traded as high as C$0.63. Mirasol Resources shares last traded at C$0.63, with a volume of 500 shares.

Mirasol Resources Trading Up 8.6 %

The business’s 50-day moving average is C$0.47 and its two-hundred day moving average is C$0.58. The company has a current ratio of 12.19, a quick ratio of 11.61 and a debt-to-equity ratio of 2.53. The stock has a market capitalization of C$34.04 million and a PE ratio of -6.24.

Mirasol Resources (CVE:MRZGet Rating) last announced its quarterly earnings results on Thursday, October 27th. The company reported C($0.03) earnings per share for the quarter.

Insider Activity at Mirasol Resources

In other Mirasol Resources news, Director Patrick Charles Evans purchased 110,000 shares of Mirasol Resources stock in a transaction that occurred on Friday, October 28th. The stock was purchased at an average price of C$0.42 per share, with a total value of C$46,200.00. Following the completion of the acquisition, the director now owns 2,060,587 shares of the company’s stock, valued at approximately C$865,446.54. In other Mirasol Resources news, Director Patrick Charles Evans purchased 110,000 shares of Mirasol Resources stock in a transaction that occurred on Friday, October 28th. The stock was purchased at an average price of C$0.42 per share, with a total value of C$46,200.00. Following the completion of the acquisition, the director now owns 2,060,587 shares of the company’s stock, valued at approximately C$865,446.54. Also, insider Glenn Pountney purchased 563,000 shares of Mirasol Resources stock in a transaction that occurred on Friday, October 28th. The stock was acquired at an average cost of C$42.00 per share, with a total value of C$23,646,000.00. Following the acquisition, the insider now directly owns 6,122,000 shares of the company’s stock, valued at approximately C$257,124,000. Over the last 90 days, insiders acquired 729,000 shares of company stock valued at $23,716,260.

About Mirasol Resources

(Get Rating)

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 project is Sascha-Marcelina project, which covers an area of 30,600 ha located in Santa Cruz, Argentina. The company was founded in 2003 and is headquartered in Vancouver, Canada.

Featured Articles

Receive News & Ratings for Mirasol Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mirasol Resources and related companies with MarketBeat.com's FREE daily email newsletter.