Key Points
- Insider Glenn Pountney bought 31,500 shares of Mirasol Resources on June 3 at C$0.36 per share, spending C$11,340. The purchase raised his stake to 15,542,000 shares.
- This was part of a recent pattern of insider buying, with Pountney making multiple purchases in March, April, and May as well. The repeated buys suggest ongoing insider confidence in the company.
- Mirasol Resources shares were trading near their 52-week low, with the stock at C$0.36 versus a 1-year range of C$0.31 to C$0.88. The company is a mineral exploration firm focused on gold, silver, and copper projects in Chile and Argentina.
Mirasol Resources Ltd. (CVE:MRZ - Get Free Report) insider Glenn Pountney bought 31,500 shares of the company's stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average cost of C$0.36 per share, with a total value of C$11,340.00. Following the completion of the transaction, the insider owned 15,542,000 shares in the company, valued at C$5,595,120. This represents a 0.20% increase in their ownership of the stock.
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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value of C$3,440.00.
- On Friday, March 20th, Glenn Pountney acquired 10,000 shares of Mirasol Resources stock. The stock was bought at an average price of C$0.45 per share, with a total value of C$4,500.00.
- On Friday, March 20th, Glenn Pountney acquired 66,500 shares of Mirasol Resources stock. The stock was bought at an average price of C$0.45 per share, with a total value of C$29,925.00.
Mirasol Resources Stock Performance
Shares of MRZ opened at C$0.36 on Friday. The stock has a 50-day simple moving average of C$0.40 and a 200-day simple moving average of C$0.47. 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 market capitalization of C$31.45 million, a PE ratio of -5.07 and a beta of 1.21. Mirasol Resources Ltd. has a 1 year low of C$0.31 and a 1 year high of C$0.88.
About Mirasol Resources
(
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.
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