Mirasol Resources (CVE:MRZ) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Mirasol Resources Ltd. (CVE:MRZ)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.46 and traded as low as C$0.46. Mirasol Resources shares last traded at C$0.46, with a volume of 3,852 shares trading hands.

Mirasol Resources Stock Up 2.2 %

The company’s 50-day moving average price is C$0.49 and its 200 day moving average price is C$0.46. The company has a debt-to-equity ratio of 2.50, a quick ratio of 8.86 and a current ratio of 4.20. The stock has a market cap of C$32.07 million, a PE ratio of -2.88 and a beta of 1.48.

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

About Mirasol Resources

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.