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Mirasol Resources
(MRZ)
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Rating:42Neutral
Price Target:
C$0.30
▼(-12.35% Downside)
Action:Reiterated
Date:10/30/26
The score is driven primarily by weak financial performance (near-zero revenue, persistent losses and cash burn, and negative equity), with technicals also pointing to a still-weak trend (below key moving averages and negative MACD). Valuation provides limited offset due to negative earnings and no dividend support.
Positive Factors
Exploration portfolio and commodity exposure
Exposure to multiple precious- and base-metal targets across two mining jurisdictions gives Mirasol several opportunities to generate a discovery. A broader project portfolio can diversify exploration outcomes and preserve upside from successful targets over the medium term.
Negative Factors
No recurring revenue base
The absence of a recurring revenue base leaves Mirasol dependent on exploration success, asset transactions, or external capital rather than established operating income. This reduces earnings visibility and makes future financial performance more dependent on uncertain project outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration portfolio and commodity exposure
Exposure to multiple precious- and base-metal targets across two mining jurisdictions gives Mirasol several opportunities to generate a discovery. A broader project portfolio can diversify exploration outcomes and preserve upside from successful targets over the medium term.
Read all positive factors
Mirasol Resources (MRZ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$26.58M
Dividend YieldN/A
Average Volume (3M)26.21K
Price to Earnings (P/E)―
Beta (1Y)2.00
Revenue GrowthN/A
EPS Growth70.90%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.04
Shares Outstanding88,597,190
10 Day Avg. Volume11,285
30 Day Avg. Volume26,212
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)-123.94
Price to Sales (P/S)0.00
P/FCF Ratio-11.05
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
Mirasol Resources Business Overview & Revenue Model
Company Description
Mirasol Resources Ltd. primarily engages in the acquisition and exploration of mineral assets, with its main focus areas being Chile and Argentina. The company actively seeks out deposits containing gold, silver, and copper. Among its key ventures...
Mirasol Resources Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 15.98K | 496.70K |
| Gross Profit | -61.37K | -54.12K | -64.50K | -53.07K | 399.94K |
| EBITDA | -7.12M | -9.85M | -8.84M | -9.70M | -4.95M |
| Net Income | -3.09M | -9.95M | -8.92M | -9.80M | -5.08M |
Balance Sheet | |||||
| Total Assets | 2.50M | 3.35M | 4.31M | 10.19M | 8.47M |
| Cash, Cash Equivalents and Short-Term Investments | 1.22M | 1.68M | 2.44M | 8.28M | 6.42M |
| Total Debt | 1.75M | 2.80M | 74.00K | 140.81K | 197.19K |
| Total Liabilities | 2.71M | 3.57M | 622.60K | 885.35K | 672.43K |
| Stockholders Equity | -210.31K | -220.51K | 3.69M | 9.31M | 7.80M |
Cash Flow | |||||
| Free Cash Flow | -2.36M | -8.57M | -8.39M | -8.67M | -5.09M |
| Operating Cash Flow | -2.36M | -8.57M | -8.31M | -8.58M | -5.05M |
| Investing Cash Flow | -102.36K | -66.34K | 322.13K | 514.63K | 479.38K |
| Financing Cash Flow | 1.47M | 7.92M | 2.26M | 10.31M | -92.74K |
Mirasol Resources Technical Analysis
Negative
0.34
Price Trends
0.32
Negative
0.32
Negative
0.40
Negative
Market Momentum
>-0.01
Positive
44.78
Neutral
23.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MRZ, the sentiment is Negative. The current price of 0.34 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.32, and below the 200-day MA of 0.40, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.78 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MRZ.
Mirasol Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | C$92.63M | -12.50 | -36.02% | ― | ― | 60.00% | |
47 Neutral | C$38.08M | -6.30 | -36.86% | ― | ― | 47.55% | |
45 Neutral | C$36.29M | -1.44 | -68.55% | ― | 20359.02% | -15.19% | |
44 Neutral | C$20.75M | -15.70 | -21.65% | ― | ― | 74.56% | |
42 Neutral | C$26.58M | -8.06 | -2918.94% | ― | ― | 70.90% | |
40 Neutral | C$23.56M | -2.32 | 36.17% | ― | ― | 52.34% |
* General Sector Average
TSE:MRZ
Mirasol Resources
0.30
-0.14
-31.82%
TSE:CN
Condor Resources
0.13
-0.04
-21.88%
TSE:WEX
Western Exploration Inc
0.55
-0.22
-28.57%
TSE:DMET
Denarius Metals Corp
0.58
0.00
0.00%
TSE:GBU
Gabriel Resources
0.09
>-0.01
-5.56%
TSE:CAM
Cascadia Minerals Ltd
0.42
0.20
93.02%
Mirasol Resources Corporate Events
Business Operations and Strategy
Mirasol Resources Grants 3.9 Million Stock Options at $0.30 Exercise Price
Neutral
Oct 23, 2026
Mirasol Resources has granted 3,878,750 incentive stock options to employees, officers, directors and consultants under its shareholder-approved stock option plan. The options allow recipients to purchase common shares at an exercise price of $0.3...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.