Insider Buying: Mirasol Resources (CVE:MRZ) Insider Buys C$16,200.00 in Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney purchased 30,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was bought at an average cost of C$0.54 per share, for a total transaction of C$16,200.00. Following the completion of the purchase, the insider directly owned 14,602,500 shares in the company, valued at C$7,885,350. This represents a 0.21% increase in their position.

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

• On Tuesday, February 17th, Glenn Pountney acquired 10,000 shares of Mirasol Resources stock. The stock was purchased at an average price of C$0.52 per share, for a total transaction of C$5,200.00.
• On Thursday, February 5th, Glenn Pountney acquired 6,500 shares of Mirasol Resources stock. The stock was purchased at an average price of C$0.60 per share, for a total transaction of C$3,900.00.
• On Friday, February 6th, Glenn Pountney acquired 500 shares of Mirasol Resources stock. The shares were purchased at an average price of C$0.55 per share, with a total value of C$275.00.
• On Friday, February 6th, Glenn Pountney bought 15,000 shares of Mirasol Resources stock. The shares were purchased at an average cost of C$0.58 per share, with a total value of C$8,700.00.
• On Friday, February 6th, Glenn Pountney bought 18,000 shares of Mirasol Resources stock. The stock was purchased at an average price of C$0.56 per share, for a total transaction of C$10,080.00.
• On Monday, February 9th, Glenn Pountney bought 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 purchased 17,500 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.54 per share, for a total transaction of C$9,450.00.

Mirasol Resources Price Performance

Shares of MRZ traded down C$0.01 during trading hours on Friday, hitting C$0.51. 84,000 shares of the stock were exchanged, compared to its average volume of 52,234. The company has a debt-to-equity ratio of 63.75, a quick ratio of 8.86 and a current ratio of 1.24. Mirasol Resources Ltd. has a 12-month low of C$0.31 and a 12-month high of C$0.88. The company has a market cap of C$45.16 million, a price-to-earnings ratio of -4.25 and a beta of 0.93. The stock’s 50-day moving average price is C$0.56 and its two-hundred day moving average price is C$0.47.

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.