Mirasol Resources (CVE:MRZ) Hits New 12-Month High – Still a Buy?

Mirasol Resources Ltd. (CVE:MRZGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$0.54 and last traded at C$0.54, with a volume of 22100 shares trading hands. The stock had previously closed at C$0.53.

Mirasol Resources Stock 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 has a fifty day moving average of C$0.45 and a 200-day moving average of C$0.42. The stock has a market cap of C$48.70 million, a PE ratio of -4.58 and a beta of 1.83.

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. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

Further Reading

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