Mirasol Resources (CVE:MRZ) Shares Down 22.7% – Here’s Why

Mirasol Resources Ltd. (CVE:MRZGet Free Report)’s stock price traded down 22.7% during trading on Tuesday . The company traded as low as C$0.68 and last traded at C$0.68. Approximately 143,639 shares were traded during mid-day trading, an increase of 178% from the average session volume of 51,640 shares. The stock had previously closed at C$0.88.

Mirasol Resources Trading Down 2.9%

The firm’s 50-day simple moving average is C$0.49 and its 200-day simple moving average is C$0.44. The firm has a market capitalization of C$59.33 million, a PE ratio of -5.58 and a beta of 1.83. The company has a quick ratio of 8.86, a current ratio of 2.84 and a debt-to-equity ratio of 2.23.

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. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

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