Mirasol Resources (CVE:MRZ) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.37. Mirasol Resources shares last traded at C$0.38, with a volume of 51,300 shares changing hands.

Mirasol Resources Stock Down 2.7 %

The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.86 and a current ratio of 2.84. The firm has a 50 day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.46. The stock has a market cap of C$29.60 million, a P/E ratio of -3.06 and a beta of 1.48.

About Mirasol Resources

(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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