Mirasol Resources (CVE:MRZ) Stock Price Down 20.5% – Time to Sell?

Mirasol Resources Ltd. (CVE:MRZ – Get Free Report)’s share price dropped 20.5% during trading on Monday . The stock traded as low as C$0.70 and last traded at C$0.70. Approximately 115,439 shares traded hands during trading, an increase of 131% from the average daily volume of 49,981 shares. The stock had previously closed at C$0.88.

Mirasol Resources Stock Down 22.7%

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 stock’s 50-day moving average price is C$0.48 and its two-hundred day moving average price is C$0.43. The stock has a market capitalization of C$60.21 million, a PE ratio of -5.67 and a beta of 1.83.

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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