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

Shares of Mirasol Resources Ltd. (CVE:MRZGet Free Report) fell 22.7% on Tuesday . The stock traded as low as C$0.68 and last traded at C$0.68. 143,639 shares changed hands during 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 Stock Performance

The firm has a market cap of C$59.33 million, a price-to-earnings ratio of -5.58 and a beta of 1.83. The stock has a 50-day moving average of C$0.49 and a 200-day moving average of C$0.44. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.86 and a current ratio of 2.84.

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.

Further Reading

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