Mirasol Resources (CVE:MRZ) Sets New 52-Week Low – What’s Next?

Mirasol Resources Ltd. (CVE:MRZGet Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.34 and last traded at C$0.35, with a volume of 48804 shares changing hands. The stock had previously closed at C$0.35.

Mirasol Resources Price Performance

The company has a quick ratio of 8.86, a current ratio of 2.84 and a debt-to-equity ratio of 2.23. The stock’s 50 day moving average price is C$0.41 and its two-hundred day moving average price is C$0.45. The firm has a market capitalization of C$30.01 million, a price-to-earnings ratio of -3.10 and a beta of 1.48.

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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