Mirasol Resources (CVE:MRZ) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Mirasol Resources Ltd. (CVE:MRZGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.47 and traded as low as C$0.46. Mirasol Resources shares last traded at C$0.46, with a volume of 6,750 shares.

Mirasol Resources Stock Down 1.1 %

The stock has a market cap of C$30.68 million, a P/E ratio of -2.75 and a beta of 1.48. The company has a current ratio of 4.20, a quick ratio of 8.86 and a debt-to-equity ratio of 2.50. The stock’s 50-day moving average is C$0.46 and its 200-day moving average is C$0.46.

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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