Mirasol Resources (CVE:MRZ) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Mirasol Resources Ltd. (CVE:MRZGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.51 and traded as high as C$0.64. Mirasol Resources shares last traded at C$0.60, with a volume of 27,770 shares traded.

Mirasol Resources Trading Down 1.6%

The company has a quick ratio of 8.86, a current ratio of 2.84 and a debt-to-equity ratio of 2.23. The firm’s fifty day moving average is C$0.51 and its two-hundred day moving average is C$0.44. The firm has a market cap of C$53.13 million, a P/E ratio of -5.00 and a beta of 1.77.

Mirasol Resources Company Profile

(Get Free Report)

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.

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