Mirasol Resources (CVE:MRZ) Insider Buys 154,000 Shares of Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney acquired 154,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was acquired at an average cost of C$0.33 per share, with a total value of C$50,820.00. Following the completion of the acquisition, the insider directly owned 16,151,000 shares in the company, valued at approximately C$5,329,830. This represents a 0.96% increase in their ownership of the stock.

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

• On Friday, August 21st, Glenn Pountney acquired 33,000 shares of Mirasol Resources stock. The shares were 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 bought 8,500 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$2,805.00.
• On Wednesday, August 19th, Glenn Pountney bought 6,500 shares of Mirasol Resources stock. The shares were purchased at an average cost of C$0.33 per share, for a total transaction of C$2,145.00.
• On Wednesday, August 12th, Glenn Pountney acquired 120,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.33 per share, for a total transaction of C$39,600.00.
• On Thursday, August 13th, Glenn Pountney acquired 4,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.33 per share, with a total value of C$1,320.00.
• On Monday, August 17th, Glenn Pountney bought 6,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.33 per share, with a total value of C$1,980.00.
• On Wednesday, July 29th, Glenn Pountney acquired 9,500 shares of Mirasol Resources stock. The shares were bought at an average cost of C$0.32 per share, with a total value of C$3,040.00.
• On Friday, July 31st, Glenn Pountney purchased 1,500 shares of Mirasol Resources stock. The stock was bought at an average cost of C$0.31 per share, for a total transaction of C$465.00.
• On Friday, July 31st, Glenn Pountney purchased 6,500 shares of Mirasol Resources stock. The shares were purchased at an average price of C$0.32 per share, for a total transaction of C$2,080.00.
• On Monday, July 20th, Glenn Pountney bought 2,000 shares of Mirasol Resources stock. The shares were purchased at an average cost of C$0.32 per share, for a total transaction of C$640.00.

Mirasol Resources Stock Performance

CVE:MRZ remained flat at C$0.34 during trading hours on Tuesday. The company had a trading volume of 23,750 shares, compared to its average volume of 43,140. The stock has a market cap of C$30.12 million, a price-to-earnings ratio of -5.67 and a beta of 1.56. Mirasol Resources Ltd. has a 52-week low of C$0.30 and a 52-week high of C$0.88. 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 has a fifty day moving average price of C$0.33 and a two-hundred day moving average price of C$0.40.

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.