Mirasol Resources (CVE:MRZ) Shares Down 22.7% – What’s Next?
by Jessica Moore · The Cerbat GemMirasol Resources Ltd. (CVE:MRZ – Get Free Report)’s share price dropped 22.7% on Monday . The company traded as low as C$0.68 and last traded at C$0.68. Approximately 143,639 shares traded hands during mid-day 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 Trading Down 22.7%
The stock has a market cap of C$60.21 million, a P/E ratio of -5.67 and a beta of 1.83. 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 stock’s fifty day moving average is C$0.48 and its 200 day moving average is C$0.43.
Mirasol Resources Company Profile
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.