Mirasol Resources (CVE:MRZ) Stock Price Crosses Above 50 Day Moving Average of $0.44

Mirasol Resources Ltd. (CVE:MRZ) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.44 and traded as high as C$0.48. Mirasol Resources shares last traded at C$0.48, with a volume of 5,000 shares changing hands.

Mirasol Resources Stock Up 2.1 %

The firm has a market capitalization of C$33.47 million, a P/E ratio of -3.00 and a beta of 1.51. The firm’s 50 day moving average is C$0.44 and its two-hundred day moving average is C$0.48. The company has a debt-to-equity ratio of 2.50, a current ratio of 4.20 and a quick ratio of 8.86.

Insider Activity

In other news, insider Glenn Pountney bought 150,000 shares of the company’s stock in a transaction dated Tuesday, July 16th. The shares were bought at an average cost of C$0.40 per share, with a total value of C$60,000.00. Insiders own 42.13% of the company’s stock.

About Mirasol Resources

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.