Route 109 Resources Inc.

Route 109 Resources Inc.verified

MRIRF

Price:

$0.08

Market Cap:

$1.83M

Route 109 Resources Inc. (formerly known as BMEX Gold Inc.) is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada.

Industry

Gold

IPO Date

2020-07-30

Stock Exchange

OTC

Ticker

MRIRF

The Enterprise Value as of January 2026 (TTM) for Route 109 Resources Inc. (MRIRF) is 1.84M

According to Route 109 Resources Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 1.84M. This represents a change of 113.86% compared to the average of 859.30K of the last 4 quarters.

Route 109 Resources Inc. (MRIRF) Historical Enterprise Value (quarterly & annually)

How has MRIRF Enterprise Value performed in the past?

The mean historical Enterprise Value of Route 109 Resources Inc. over the last ten years is 41.49K. The current 1.84M Enterprise Value has changed 442.77% with respect to the historical average. Over the past ten years (40 quarters), MRIRF's Enterprise Value was at its highest in in the May 2021 quarter at 109.31M. The Enterprise Value was at its lowest in in the August 2021 quarter at -1367490.12.

Quarterly (TTM)
Annual

Average

41.49K

Median

-147185.00

Minimum

-1509148.00

Maximum

1.93M

Route 109 Resources Inc. (MRIRF) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Route 109 Resources Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 311.57%

Maximum Annual Enterprise Value = 1.93M

Minimum Annual Increase = -233.35%

Minimum Annual Enterprise Value = -1509148.00

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20251.93M253.35%
2024545.55K-60.89%
20231.39M-233.35%
2022-1046151.40-30.68%
2021-1509148.00246.93%
2020-435000.20195.55%
2019-147185.00-48.79%
2018-287440.02311.57%

Route 109 Resources Inc. (MRIRF) Average Enterprise Value

How has MRIRF Enterprise Value performed in the past?

The current Enterprise Value of Route 109 Resources Inc. (MRIRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.29M

5-year avg

262.58K

10-year avg

41.49K

Route 109 Resources Inc. (MRIRF) Enterprise Value vs. Peers

How is MRIRF’s Enterprise Value compared to its peers?

Route 109 Resources Inc.’s Enterprise Value is greater than Akwaaba Mining Ltd. (584.92K), greater than Big Tree Carbon Inc. (243.07K), less than WestKam Gold Corp. (2.66M), less than GGX Gold Corp. (2.97M), less than Randgold & Exploration Company Limited (53.37M), less than Tyranna Resources Limited (10.18M), less than Falcon Metals Limited (143.46M), greater than Montauk Metals Inc. (145.57K), less than Joshua Gold Resources Inc. (2.07M), less than Sage Gold Inc. (13.65M),

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Frequently asked questions❓

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How does the current Enterprise Value for Route 109 Resources Inc. (MRIRF) compare to its historical average?