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MIR Stock Chart & Stats
C$0.06
<C$0.01(7.69%)
At close: 4:00 PM EDT
C$0.06
<C$0.01(7.69%)
Day’s Range― - ―
52-Week RangeC$0.05 - C$0.11
Previous CloseN/A
Volume4.50K
Average Volume (3M)94.91K
Market Cap
C$42.10M
Enterprise ValueC$55.31M
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$17.42M
Price to Earnings (P/E)―
Beta1.08
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding701,730,600
10 Day Avg. Volume79,718
30 Day Avg. Volume94,909
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)-2.47
Price to Sales (P/S)232.06
P/FCF Ratio-17.70
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
Consumable Recurring Revenue ModelMedMira’s business sells diagnostic test kits and consumables, creating inherently recurring demand from clinics, labs and public programs. Consumable-driven revenue is durable: repeat test volumes and program resupplies support predictable top-line streams and long-term customer relationships.
Platform Technology (RVF) Supports Product BreadthThe RVF platform provides a structural competitive advantage: one core technology can be used across multiple immunoassay tests (HIV, HCV, etc.). Platform-based product development lowers new-test incremental costs, aids manufacturing scale, and enables commercialization partnerships over time.
Meaningful Recent Revenue ReboundA near-doubling of TTM revenue signals recovering demand and improved commercial traction. If sustained, higher volumes can help leverage fixed manufacturing costs, support margin improvement and validate go-to-market channels, creating a firmer base for durable operational recovery.
Bears Say
Highly Stressed Balance Sheet And Elevated LeverageNegative equity and debt substantially above asset levels create solvency and financing risks. Limited balance-sheet cushion reduces tolerance for operational setbacks, raises likelihood of dilution or costly external financing, and constrains long-term strategic investments and partner confidence.
Persistent Negative Gross Margins And Operating LossesDeeply negative gross margins undermine the core economics of the test business, indicating product or cost issues that prevent profitable scaling. Ongoing operating losses make it hard to fund growth internally and call into question sustainability without structural improvements to pricing or manufacturing efficiency.
Consistent Negative Operating Cash Flow And Free Cash FlowRepeated cash burn and persistently negative operating cash flow mean MedMira cannot self-fund growth or absorb shocks. This creates ongoing dependency on external capital, increases dilution risk, and limits the company's ability to invest in commercial expansion or R&D sustainably over the medium term.
Medmira News
MIR FAQ
What was Medmira Inc’s price range in the past 12 months?
Medmira Inc lowest stock price was C$0.05 and its highest was C$0.10 in the past 12 months.
What is Medmira Inc’s market cap?
Medmira Inc’s market cap is C$42.10M.
When is Medmira Inc’s upcoming earnings report date?
Medmira Inc’s upcoming earnings report date is Dec 02, 2026 which is in 120 days.
How were Medmira Inc’s earnings last quarter?
Medmira Inc released its earnings results on Jun 30, 2026. The company reported -C$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.001.
Is Medmira Inc overvalued?
According to Wall Street analysts Medmira Inc’s price is currently Overvalued.
Does Medmira Inc pay dividends?
Medmira Inc does not currently pay dividends.
What is Medmira Inc’s EPS estimate?
Medmira Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Medmira Inc have?
Medmira Inc has 701,730,600 shares outstanding.
What happened to Medmira Inc’s price movement after its last earnings report?
Medmira Inc reported an EPS of -C$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Medmira Inc?
Currently, no hedge funds are holding shares in TSE:MIR
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
Company Description
Medmira Inc
MedMira Inc. is a biotechnology company focused on the research, development, manufacturing, and global commercialization of rapid diagnostic solutions and related technology platforms. Its operations span North America, Europe, the Asia Pacific region, and other international markets. MedMira offers a diverse portfolio of rapid diagnostic tests and technology platforms. Its diagnostic solutions include Reveal HIV, which identifies HIV-1 and HIV-2 antibodies in various blood samples; Reveal TP, a rapid test for syphilis antibodies (Treponema pallidum); and Reveal HP, designed to detect Helicobacter pylori antibodies. The company also provides Multiplo, a line of multiplex tests for combined screening of conditions such as HIV-1/2, Hepatitis B and C, and syphilis, as well as the Miriad triple product for initial HIV and hepatitis screening. In the realm of respiratory and viral diagnostics, MedMira developed VYRA CoV2 for SARS-CoV-2 nucleocapsid antigen detection, VYRA CoV2Flu for simultaneous antigen testing of SARS-CoV-2, Influenza A, and Influenza B, and REVEALCOVID-19, an antibody test for COVID-19. Beyond diagnostic kits, MedMira provides the Miriad RVF toolkit, a platform that facilitates the development and market entry of rapid diagnostics. MedMira distributes its offerings through a wide network of medical distributors and strategic partners. Its customer base is broad, serving various segments of the healthcare industry, including clinical laboratories, hospitals, point-of-care clinics, government agencies, humanitarian aid groups, and public health bodies. The company was established in 1993, is headquartered in Halifax, Canada, and operates as a subsidiary of MedMira Holding AG.
Technical Analysis
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