Mirasol Resources (CVE:MRZ) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.46 and traded as low as C$0.43. Mirasol Resources shares last traded at C$0.43, with a volume of 45,665 shares trading hands.

Mirasol Resources Stock Performance

The stock has a fifty day moving average of C$0.46 and a 200-day moving average of C$0.46. The company has a quick ratio of 8.86, a current ratio of 4.20 and a debt-to-equity ratio of 2.50. The stock has a market capitalization of C$29.98 million, a PE ratio of -2.69 and a beta of 1.48.

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

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.

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