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M2R Stock Chart & Stats
<AU$0.01
<AU$0.01(20.00%)
At close: 4:00 PM EDT
<AU$0.01
<AU$0.01(20.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.05
Previous CloseN/A
Volume2.99M
Average Volume (3M)9.33M
Market Cap
AU$4.22M
Enterprise ValueAU$2.13M
Total Cash (Recent Filing)AU$727.64K
Total Debt (Recent Filing)AU$15.21K
Price to Earnings (P/E)―
Beta2.19
Next Earnings
Sep 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,109,589,800
10 Day Avg. Volume9,325,124
30 Day Avg. Volume9,325,124
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.15
Price to Sales (P/S)0.00
P/FCF Ratio-0.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetVery low debt reduces solvency and interest burden, providing durable financial flexibility for an exploration company. This strength lengthens runway for programs, improves ability to negotiate farm-outs or JV terms, and lowers immediate refinancing risk versus peers.
Growing Equity BaseA growing equity base signals the company can attract capital over time, which supports continued exploration spending without adding leverage. This structural funding optionality helps sustain multi-stage drilling campaigns and preserves the ability to bring in partners or sell stakes.
Focused Exploration Business ModelA clear exploration mandate and disciplined technical workflow create long-term optionality: successful discoveries can be monetized via JV, farm-out, royalties or asset sales. The model concentrates upside in a few high-value events, appropriate for patient capital seeking resource upside.
Bears Say
Persistent Cash BurnOngoing negative operating and free cash flow is a durable constraint: it forces repeated external funding, increases dilution risk, and limits the company’s ability to scale programs or seize opportunities without partners. Long-term growth depends on securing new capital.
Pre-revenue / Negative ProfitabilityLack of operating revenue means the business lacks internal cash generation and visibility. Sustainable profitability is contingent on discovery or commercial agreements; until then returns are binary and dependent on successful exploration outcomes or third-party transactions.
Very Small Operating TeamA single listed employee indicates heavy reliance on contractors and key individuals, limiting in-house capacity for project execution, technical review and governance. This structural dependence heightens operational execution risk and can slow program delivery.
Miramar Resources Limited News
M2R FAQ
What was Miramar Resources Limited’s price range in the past 12 months?
Miramar Resources Limited lowest share price was <AU$0.01 and its highest was AU$0.05 in the past 12 months.
What is Miramar Resources Limited’s market cap?
Miramar Resources Limited’s market cap is AU$4.22M.
When is Miramar Resources Limited’s upcoming earnings report date?
Miramar Resources Limited’s upcoming earnings report date is Sep 10, 2026 which is in 3 days.
How were Miramar Resources Limited’s earnings last quarter?
Miramar Resources Limited released its earnings results on Mar 06, 2026. The company reported -AU$0.001 earnings per share for the quarter.
Is Miramar Resources Limited overvalued?
According to Wall Street analysts Miramar Resources Limited’s price is currently Overvalued.
Does Miramar Resources Limited pay dividends?
Miramar Resources Limited does not currently pay dividends.
What is Miramar Resources Limited’s EPS estimate?
Miramar Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Miramar Resources Limited have?
Miramar Resources Limited has 2,109,589,800 shares outstanding.
What happened to Miramar Resources Limited’s price movement after its last earnings report?
Miramar Resources Limited reported an EPS of -AU$0.001 in its last earnings report. Following the earnings report the stock price went down -50%.
Which hedge fund is a major shareholder of Miramar Resources Limited?
Currently, no hedge funds are holding shares in AU:M2R
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Miramar Resources Limited Stock Smart Score
Neutral
1
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10
Blogger Sentiment
Bullish
AU:M2R Sentiment 75%
Sector Average 61%
Sector Average 61%
Insider Transactions
Bought Shares
Worth AU$59.3K over
the Last 3 Months
the Last 3 Months
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
17.85%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Miramar Resources Limited
Miramar Resources Limited, an Australian company, is primarily dedicated to the discovery and assessment of mineral tenements across the nation. Its main objective involves identifying deposits of gold, nickel, copper, and platinum group elements (PGEs). The firm holds stakes in several promising, yet largely unexplored, projects throughout Western Australia. These encompass three gold ventures—Gidji JV, Glandore, and Randalls—situated in the Eastern Goldfields region, near Kalgoorlie. Furthermore, Miramar possesses two projects, Lang Well and Lakeside, which target underexamined greenstone belts within the Murchison region, along with the Whaleshark and Bangemall projects located in the Gascoyne region. Established in 2019, the company maintains its headquarters in South Perth, Australia.
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