Mirasol Resources (CVE:MRZ) Share Price Passes Above 50-Day Moving Average of $0.49

Shares of Mirasol Resources Ltd. (CVE:MRZGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.49 and traded as high as C$0.60. Mirasol Resources shares last traded at C$0.60, with a volume of 1,000 shares.

Mirasol Resources Price Performance

The company has a debt-to-equity ratio of 2.53, a quick ratio of 11.61 and a current ratio of 12.19. The stock has a market cap of C$32.42 million and a price-to-earnings ratio of -5.94. The business’s fifty day simple moving average is C$0.49 and its 200 day simple moving average is C$0.57.

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

Insider Activity

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

Mirasol Resources Company Profile

(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 projects include the Sobek Cu project, which covers an area of 11,120 hectares located in northern Chile; and the Inca Gold that covers an area of 16,300 hectares located on the Paleocene belt of Chile.

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