Miramar Resources Share Price and Company Fundamentals
Last traded: Yesterday at 6:10 AM
Miramar Resources Limited engages in the exploration and evaluation of mining tenements in Australia. It primarily explores for gold, nickel, copper, and platinum group element deposits. The company holds interests in three underexplored gold projects, including the Gidji JV, Glandore, and Randalls located within the Eastern Goldfields region near Kalgoorlie in Western Australia; two projects covering under-explored greenstone belts, such as the Lang Well and Lakeside in Murchison region; and two projects comprising the Whaleshark and Bangemall in Gascoyne region in Western Australia. Miramar Resources Limited was incorporated in 2019 and is based in South Perth, Australia.
Key Metrics
PE ratio
-
PB ratio
0.22
Dividend yield
0.00%
Beta
0.31
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Other Industrial Metals & Mining / Basic Materials |
|---|---|
| Website | https://www.miramarresources.com.au |
| Mailing address | 22 Hardy Street Unit 1 South Perth WA 6151 Australia |
| Phone / Fax | 61 8 6166 6302 / 61 8 9322 3383 |
Dividends
More: Miramar Resources Dividend history, yield and payout ratio
Dividend yield
0.00%
Dividend amount
$0.00
Payout ratio
0.00%
Miramar Resources paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.M2R dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
M2R's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Miramar Resources.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Allan John Kelly B.Sc., BSc (Hons), FAAG, Grad Cert Bus, MAIG | Executive Chairman | 349.58k | |
| Ms. Marion Bush | Technical Director & Director | 181.31k | |
| Ms. Mindy Ku | Company Secretary |
Profitability and management effectiveness
Profit margin
0.00%
Operating margin
0.00%
Return on assets
-13.67%
Return on equity
-22.64%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Miramar Resources is and its enterprise value is .
The M2R's stocks Beta value is 0.31 making it 69% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Miramar Resources (ASX:M2R) Frequently Asked Questions
1. What is Miramar Resources's Stock Symbol?
Miramar Resources trades on ASX under the ticker symbol "M2R".
2. What is Miramar Resources's stock price today?
One share of M2R stock can currently be purchased for approximately $0.011.
3. How can I contact Miramar Resources?
Miramar Resources's mailing address is 22 Hardy Street Unit 1 South Perth WA 6151 Australia. The company can be reached via phone at 61 8 6166 6302.
4. What is Miramar Resources's official website?
The official website of Miramar Resources is https://www.miramarresources.com.au.