Mirasol Resources (CVE:MRZ) Insider Purchases 60,000 Shares of Company Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney acquired 60,000 shares of the stock in a transaction dated Friday, October 2nd. The shares were purchased at an average price of C$0.32 per share, for a total transaction of C$19,200.00. Following the completion of the transaction, the insider owned 16,772,000 shares of the company’s stock, valued at C$5,367,040. This trade represents a 0.36% increase in their position.

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

• On Tuesday, September 22nd, Glenn Pountney purchased 15,500 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.30 per share, for a total transaction of C$4,650.00.
• On Wednesday, September 23rd, Glenn Pountney acquired 5,500 shares of Mirasol Resources stock. The stock was acquired at an average price of C$0.30 per share, with a total value of C$1,650.00.
• On Thursday, September 24th, Glenn Pountney acquired 10,000 shares of Mirasol Resources stock. The shares were acquired at an average cost of C$0.31 per share, with a total value of C$3,100.00.
• On Monday, September 21st, Glenn Pountney bought 84,000 shares of Mirasol Resources stock. The shares were acquired at an average price of C$0.30 per share, for a total transaction of C$25,200.00.
• On Wednesday, September 2nd, Glenn Pountney bought 5,000 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.34 per share, for a total transaction of C$1,700.00.
• On Friday, September 4th, Glenn Pountney purchased 10,000 shares of Mirasol Resources stock. The stock was acquired at an average cost of C$0.34 per share, with a total value of C$3,400.00.
• On Wednesday, August 19th, Glenn Pountney purchased 154,000 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$50,820.00.
• On Friday, August 21st, Glenn Pountney acquired 33,000 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$10,890.00.
• On Monday, August 24th, Glenn Pountney acquired 8,500 shares of Mirasol Resources stock. The stock was bought at an average price 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 stock was bought at an average cost of C$0.33 per share, with a total value of C$2,145.00.

Mirasol Resources Price Performance

Shares of Mirasol Resources stock remained flat at C$0.32 during midday trading on Friday. The company had a trading volume of 17,800 shares, compared to its average volume of 43,005. 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 company has a market capitalization of C$27.91 million, a price-to-earnings ratio of -5.25 and a beta of 1.45. Mirasol Resources Ltd. has a 1-year low of C$0.29 and a 1-year high of C$0.88. The firm has a 50 day simple moving average of C$0.32 and a 200 day simple moving average of C$0.36.

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.