Mirasol Resources (CVE:MRZ) Stock Price Down 22.7% – Should You Sell?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) dropped 22.7% during trading on Monday . The stock traded as low as C$0.68 and last traded at C$0.68. Approximately 143,639 shares were traded during trading, an increase of 178% from the average daily volume of 51,640 shares. The stock had previously closed at C$0.88.

Mirasol Resources Stock Performance

The company has a current ratio of 2.84, a quick ratio of 8.86 and a debt-to-equity ratio of 2.23. The stock has a market capitalization of C$60.21 million, a price-to-earnings ratio of -5.67 and a beta of 1.83. The stock’s 50 day moving average is C$0.48 and its 200 day moving average is C$0.43.

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.

Further Reading

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