Miramar Resources Limited

Miramar Resources Limitedverified

M2R.AX

Price:

$0.003

Market Cap:

$3.38M

Miramar Resources Limited engages in the exploration and evaluation of mining tenements in Australia. The company primarily explores for gold, nickel, copper, and platinum group element deposits. It 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. The company was incorporated in 2019 and is based in South Perth, Australia.

Industry

Industrial Materials

IPO Date

2020-10-21

Stock Exchange

ASX

Ticker

M2R.AX

The ROE as of December 2025 (TTM) for Miramar Resources Limited (M2R.AX) is -16.41%

According to Miramar Resources Limited’s latest financial reports and current stock price. The company's current ROE is -16.41%. This represents a change of 74.96% compared to the average of -9.38% of the last 4 quarters.

Miramar Resources Limited (M2R.AX) Historical ROE (quarterly & annually)

How has M2R.AX ROE performed in the past?

The mean historical ROE of Miramar Resources Limited over the last ten years is -24.08%. The current -16.41% ROE has changed -31.84% with respect to the historical average. Over the past ten years (40 quarters), M2R.AX's ROE was at its highest in in the December 2019 quarter at 0%. The ROE was at its lowest in in the June 2020 quarter at -31.65%.

Quarterly (TTM)
Annual

Average

-24.08%

Median

-15.76%

Minimum

-63.29%

Maximum

-13.06%

Miramar Resources Limited (M2R.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Miramar Resources Limited ROE, 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 = 34.42%

Maximum Annual ROE = -13.06%

Minimum Annual Increase = -79.37%

Minimum Annual ROE = -63.29%

Quarterly (TTM)
Annual
YearROEChange
2025-15.71%-26.10%
2024-21.26%34.42%
2023-15.81%3.14%
2022-15.33%17.44%
2021-13.06%-79.37%

Miramar Resources Limited (M2R.AX) Average ROE

How has M2R.AX ROE performed in the past?

The current ROE of Miramar Resources Limited (M2R.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-17.59%

5-year avg

-16.23%

10-year avg

-24.08%

Miramar Resources Limited (M2R.AX) ROE vs. Peers

How is M2R.AX’s ROE compared to its peers?

Miramar Resources Limited’s ROE is greater than ENRG Elements Limited (-65.55%), greater than Oakajee Corporation Limited (-41.36%), greater than Lord Resources Limited (-72.73%), greater than Riedel Resources Limited (-172.64%), greater than Helix Resources Limited (-7.84%), less than APC Minerals Limited (728.56%), greater than Accent Resources NL (-70.00%), greater than Bryah Resources Limited (-13.94%), greater than C29 Metals Limited (-111.37%), greater than ActivEX Limited (-40.97%),

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