Insider Buying: Mirasol Resources (CVE:MRZ) Insider Buys 31,500 Shares of Stock

Mirasol Resources Ltd. (CVE:MRZ) insider Glenn Pountney bought 31,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was purchased at an average cost of C$0.36 per share, for a total transaction of C$11,340.00. Following the completion of the acquisition, the insider owned 15,542,000 shares in the company, valued at C$5,595,120. This trade represents a 0.20% increase in their position.

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

• On Thursday, May 21st, Glenn Pountney bought 8,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.35 per share, for a total transaction of C$2,800.00.
• On Friday, May 8th, Glenn Pountney bought 12,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.32 per share, for a total transaction of C$3,840.00.
• On Friday, April 24th, Glenn Pountney bought 75,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.35 per share, for a total transaction of C$26,250.00.
• On Monday, April 13th, Glenn Pountney bought 15,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.45 per share, for a total transaction of C$6,750.00.
• On Thursday, March 19th, Glenn Pountney bought 25,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.48 per share, for a total transaction of C$12,000.00.
• On Thursday, March 19th, Glenn Pountney bought 20,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.42 per share, for a total transaction of C$8,400.00.
• On Thursday, March 19th, Glenn Pountney bought 8,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.43 per share, for a total transaction of C$3,440.00.
• On Friday, March 20th, Glenn Pountney bought 10,000 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.45 per share, for a total transaction of C$4,500.00.
• On Friday, March 20th, Glenn Pountney bought 66,500 shares of Mirasol Resources stock. The stock was purchased at an average cost of C$0.45 per share, for a total transaction of C$29,925.00.

Mirasol Resources Stock Performance

Mirasol Resources stock traded up C$0.01 during trading hours on Thursday, hitting C$0.36. The company had a trading volume of 18,000 shares, compared to its average volume of 48,652. The firm has a market cap of C$31.89 million, a PE ratio of -5.14 and a beta of 1.21. The company has a debt-to-equity ratio of 18,146.41, a current ratio of 0.41 and a quick ratio of 8.86. Mirasol Resources Ltd. has a one year low of C$0.31 and a one year high of C$0.88. The firm has a 50-day moving average of C$0.41 and a 200 day moving average of C$0.47.

Mirasol Resources Company Profile

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.