Insider Buying: Mirasol Resources (CVE:MRZ) Insider Purchases 18,000 Shares of Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney acquired 18,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average price of C$0.56 per share, with a total value of C$10,080.00. Following the acquisition, the insider directly owned 14,540,500 shares of the company’s stock, valued at C$8,142,680. The trade was a 0.12% increase in their position.

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

• On Friday, February 6th, Glenn Pountney bought 500 shares of Mirasol Resources stock. The shares were bought at an average price of C$0.55 per share, for a total transaction of C$275.00.
• On Friday, February 6th, Glenn Pountney bought 15,000 shares of Mirasol Resources stock. The shares were bought at an average price of C$0.58 per share, with a total value of C$8,700.00.
• On Monday, February 9th, Glenn Pountney purchased 14,500 shares of Mirasol Resources stock. The stock was purchased at an average price of C$0.55 per share, for a total transaction of C$7,975.00.
• On Tuesday, February 10th, Glenn Pountney acquired 17,500 shares of Mirasol Resources stock. The shares were purchased at an average cost of C$0.54 per share, for a total transaction of C$9,450.00.

Mirasol Resources Price Performance

CVE MRZ remained flat at C$0.54 during trading on Wednesday. 142,000 shares of the company were exchanged, compared to its average volume of 60,461. Mirasol Resources Ltd. has a 52-week low of C$0.31 and a 52-week high of C$0.88. The company has a current ratio of 2.84, a quick ratio of 8.86 and a debt-to-equity ratio of 2.23. The company has a market capitalization of C$47.82 million, a price-to-earnings ratio of -4.50 and a beta of 1.77. The firm’s fifty day moving average is C$0.52 and its 200-day moving average is C$0.45.

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