Insider Buying: Mirasol Resources (CVE:MRZ) Insider Purchases C$25,200.00 in Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney purchased 84,000 shares of Mirasol Resources stock in a transaction that occurred on Monday, September 21st. The shares were bought at an average cost of C$0.30 per share, for a total transaction of C$25,200.00. Following the transaction, the insider directly owned 16,681,000 shares of the company’s stock, valued at C$5,004,300. This represents a 0.51% increase in their ownership of the stock.

Glenn Pountney also recently made the following trade(s):

• On Wednesday, September 2nd, Glenn Pountney acquired 5,000 shares of Mirasol Resources stock. The stock was bought at an average cost of C$0.34 per share, with a total value of C$1,700.00.
• On Friday, September 4th, Glenn Pountney bought 10,000 shares of Mirasol Resources stock. The shares were bought at an average price of C$0.34 per share, with a total value of C$3,400.00.
• On Wednesday, August 19th, Glenn Pountney bought 154,000 shares of Mirasol Resources stock. The shares were bought at an average cost of C$0.33 per share, for a total transaction of C$50,820.00.
• On Friday, August 21st, Glenn Pountney purchased 33,000 shares of Mirasol Resources stock. The stock was bought at an average price of C$0.33 per share, for a total transaction of C$10,890.00.
• On Monday, August 24th, Glenn Pountney purchased 8,500 shares of Mirasol Resources stock. The stock was bought at an average price of C$0.33 per share, for a total transaction of C$2,805.00.
• On Wednesday, August 19th, Glenn Pountney purchased 6,500 shares of Mirasol Resources stock. The stock was bought at an average cost of C$0.33 per share, with a total value of C$2,145.00.
• On Wednesday, August 12th, Glenn Pountney acquired 120,000 shares of Mirasol Resources stock. The shares were purchased at an average cost of C$0.33 per share, with a total value of C$39,600.00.
• On Thursday, August 13th, Glenn Pountney acquired 4,000 shares of Mirasol Resources stock. The shares were purchased at an average price of C$0.33 per share, for a total transaction of C$1,320.00.
• On Monday, August 17th, Glenn Pountney acquired 6,000 shares of Mirasol Resources stock. The shares were purchased at an average price of C$0.33 per share, for a total transaction of C$1,980.00.
• On Wednesday, July 29th, Glenn Pountney bought 9,500 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.32 per share, for a total transaction of C$3,040.00.

Mirasol Resources Price Performance

Shares of CVE:MRZ remained flat at C$0.30 during midday trading on Monday. 108,086 shares of the stock traded hands, compared to its average volume of 44,198. The stock has a fifty day moving average price of C$0.33 and a 200-day moving average price of C$0.37. The company has a market capitalization of C$26.58 million, a P/E ratio of -5.00 and a beta of 1.45. The company has a quick ratio of 8.86, a current ratio of 0.41 and a debt-to-equity ratio of 18,146.41. Mirasol Resources Ltd. has a one year low of C$0.29 and a one year high of C$0.88.

Mirasol Resources Company Profile

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.