Mirasol Resources (CVE:MRZ) Shares Cross Below 50-Day Moving Average – Should You Sell?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.47 and traded as low as C$0.46. Mirasol Resources shares last traded at C$0.46, with a volume of 6,750 shares traded.

Mirasol Resources Trading Up 1.1 %

The stock’s 50 day moving average price is C$0.47 and its 200-day moving average price is C$0.46. 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 stock has a market capitalization of C$31.72 million, a PE ratio of -2.84 and a beta of 1.48.

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.

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