Mirasol Resources (CVE:MRZ) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Mirasol Resources Ltd. (CVE:MRZ) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.46 and traded as high as C$0.50. Mirasol Resources shares last traded at C$0.48, with a volume of 28,139 shares traded.

Mirasol Resources Trading Down 5.0 %

The firm has a market capitalization of C$33.12 million, a price-to-earnings ratio of -2.97 and a beta of 1.48. The company has a quick ratio of 8.86, a current ratio of 4.20 and a debt-to-equity ratio of 2.50. The firm’s 50 day moving average is C$0.46 and its 200 day moving average is C$0.47.

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.