Mirasol Resources (CVE:MRZ) Stock Crosses Above 50-Day Moving Average of $1.01

Shares of Mirasol Resources Ltd. (CVE:MRZ – Get Rating) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.01 and traded as high as C$1.21. Mirasol Resources shares last traded at C$1.17, with a volume of 17,700 shares trading hands.

Mirasol Resources Trading Down 2.5 %

The company has a debt-to-equity ratio of 2.24, a current ratio of 11.12 and a quick ratio of 8.86. The firm’s 50 day moving average price is C$1.01 and its 200 day moving average price is C$0.82. The stock has a market capitalization of C$69.31 million, a P/E ratio of -9.75 and a beta of 1.67.

Mirasol Resources (CVE:MRZ – Get Rating) last announced its quarterly earnings results on Tuesday, February 28th. The company reported C($0.05) EPS for the quarter.

About Mirasol Resources

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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.