Mirasol Resources (CVE:MRZ) Reaches New 1-Year Low – Here’s Why

Posted by Tyrone Williams on Oct 20th, 2026

Mirasol Resources Ltd. (CVE:MRZ – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.30 and last traded at C$0.30, with a volume of 46,070 shares changing hands. The stock had previously closed at C$0.33.

Mirasol Resources Trading Down 9.1%

The stock has a market cap of C$26.58 million, a P/E ratio of -5.00 and a beta of 1.23. The company has a debt-to-equity ratio of 18,146.41, a quick ratio of 8.86 and a current ratio of 0.41. The stock’s fifty day moving average is C$0.32 and its 200 day moving average is C$0.35.

Insider Transactions at Mirasol Resources

In related news, insider Glenn Pountney acquired 84,000 shares of the stock in a transaction dated Monday, September 21st. The stock was acquired at an average cost of C$0.30 per share, with a total value of C$25,200.00. Following the purchase, the insider directly owned 16,681,000 shares of the company’s stock, valued at approximately C$5,004,300. This trade represents a 0.51% increase in their ownership of the stock. Insiders purchased 539,500 shares of company stock worth $174,045 in the last quarter. Corporate insiders own 42.13% of the company’s stock.

Mirasol Resources Company Profile

(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.