Mirasol Resources Stock Today

MRZ Stock  CAD 0.41  0.02  5.13%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 84

 
High
 
Low
Very High
Mirasol Resources is selling for under 0.41 as of the 26th of November 2024; that is 5.13 percent increase since the beginning of the trading day. The stock's lowest day price was 0.4. Mirasol Resources has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Mirasol Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Mirasol Resources Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company was founded in 2003 and is based in Vancouver, Canada. MIRASOL RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 81.1 M outstanding shares of which 123.56 K shares are now shorted by private and institutional investors with about 2.95 days to cover all short positions. More on Mirasol Resources

Moving against Mirasol Stock

  0.7IMP Intermap TechnologiesPairCorr
  0.7TD-PFI Toronto Dominion BankPairCorr
  0.67NVDA NVIDIA CDRPairCorr
  0.61FDY Faraday Copper CorpPairCorr
  0.58IE Ivanhoe EnergyPairCorr
  0.48CDR Condor EnergiesPairCorr

Mirasol Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mirasol Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mirasol Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOTimothy BSc
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Mirasol Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mirasol Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Mirasol Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mirasol Resources' financial leverage. It provides some insight into what part of Mirasol Resources' total assets is financed by creditors.
Liquidity
Mirasol Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Mirasol Resources has accumulated 622.6 K in total debt. Mirasol Resources has a current ratio of 57.98, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mirasol Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Mirasol Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mirasol Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mirasol to invest in growth at high rates of return. When we think about Mirasol Resources' use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

9.5 Million
Mirasol Resources (MRZ) is traded on TSX Venture Exchange in Canada and employs 8 people. Mirasol Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mirasol Resources's market, we take the total number of its shares issued and multiply it by Mirasol Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mirasol Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 81.1 M outstanding shares of which 123.56 K shares are now shorted by private and institutional investors with about 2.95 days to cover all short positions. Mirasol Resources has accumulated about 22.28 M in cash with (8.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41.
Check Mirasol Resources Probability Of Bankruptcy
Ownership Allocation
Mirasol Resources maintains a total of 81.1 Million outstanding shares. Mirasol Resources holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mirasol Ownership Details

Mirasol Resources Risk Profiles

Although Mirasol Resources' alpha and beta are two of the key measurements used to evaluate Mirasol Resources' performance over the market, the standard measures of volatility play an important role as well.

Mirasol Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mirasol Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Module

Mirasol Resources Corporate Management

Elected by the shareholders, the Mirasol Resources' board of directors comprises two types of representatives: Mirasol Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mirasol. The board's role is to monitor Mirasol Resources' management team and ensure that shareholders' interests are well served. Mirasol Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mirasol Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory SmithCorporate SecretaryProfile
BSc BAExecutive ChairProfile
BSc LLBCo SecProfile
Stephen BScAdvisorProfile
MBA MScCoFounder ConsultantProfile
CGA CPAChief OfficerProfile

Additional Tools for Mirasol Stock Analysis

When running Mirasol Resources' price analysis, check to measure Mirasol Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.