Mirasol Resources (CVE:MRZ) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.50 and traded as high as C$0.50. Mirasol Resources shares last traded at C$0.49, with a volume of 83,638 shares.

Mirasol Resources Stock Down 2.0 %

The company has a market capitalization of C$34.16 million, a P/E ratio of -3.06 and a beta of 1.48. The firm’s 50 day moving average price is C$0.50 and its two-hundred day moving average price is C$0.46. The company has a current ratio of 4.20, a quick ratio of 8.86 and a debt-to-equity ratio of 2.50.

Mirasol Resources (CVE:MRZGet Free Report) last issued its quarterly earnings results on Monday, October 28th. The company reported C($0.03) earnings per share for the quarter.

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.

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