Mirasol Resources (CVE:MRZ) Sets New 52-Week High – Still a Buy?

Shares of Mirasol Resources Ltd. (CVE:MRZGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$0.53 and last traded at C$0.53, with a volume of 44883 shares trading hands. The stock had previously closed at C$0.51.

Mirasol Resources Price Performance

The stock’s fifty day moving average price is C$0.45 and its 200-day moving average price is C$0.41. The firm has a market cap of C$45.16 million, a PE ratio of -4.25 and a beta of 1.83. The company has a debt-to-equity ratio of 2.23, a current ratio of 2.84 and a quick ratio of 8.86.

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.

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