Mirasol Resources Financials

MRZ Stock  CAD 0.41  0.02  4.65%   
We recommend to make use of Mirasol Resources analysis to find out if markets are presently mispricing the entity. We were able to interpolate twenty-eight available fundamentals for Mirasol Resources, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Mirasol Resources to be traded at C$0.3895 in 90 days. Key indicators impacting Mirasol Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.01530.0181
Fairly Down
Slightly volatile
Current Ratio4.664.9
Notably Down
Slightly volatile
  
Please note, the imprecision that can be found in Mirasol Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mirasol Resources. Check Mirasol Resources' Beneish M Score to see the likelihood of Mirasol Resources' management manipulating its earnings.

Mirasol Resources Stock Summary

Mirasol Resources competes with EMX Royalty, Cordoba Minerals, and Orex Minerals. Mirasol Resources Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company was founded in 2003 and is based in Vancouver, Canada. MIRASOL RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Specialization
Basic Materials, Other Precious Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA6046801081
Business Address355 Burrard Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.mirasolresources.com
Phone604 602 9989
CurrencyCAD - Canadian Dollar
You should never invest in Mirasol Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mirasol Stock, because this is throwing your money away. Analyzing the key information contained in Mirasol Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Mirasol Resources Key Financial Ratios

There are many critical financial ratios that Mirasol Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mirasol Resources reports annually and quarterly.

Mirasol Resources Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets13.5M8.5M10.2M4.3M5.0M4.7M
Other Current Liab524.2K899.2K475.2K744.5K856.2K692.3K
Net Debt(8.6M)(9.8M)(5.5M)(8.0M)(7.2M)(7.5M)
Retained Earnings(63.0M)(68.0M)(77.8M)(86.8M)(78.1M)(74.2M)
Cash10.0M5.7M8.1M2.4M2.7M2.6M
Other Current Assets122.8K153.7K103.6K54.8K49.4K46.9K
Total Liab1.1M672.4K885.4K622.6K716.0K930.0K
Total Current Assets11.4M6.8M8.5M2.7M3.1M2.9M
Common Stock57.8M57.5M57.5M67.6M77.7M51.0M
Accounts Payable524.2K858.2K428.4K690.6K794.2K591.9K
Net Receivables103.4K58.1K263.4K203.7K234.3K318.9K
Net Tangible Assets23.9M18.4M12.3M7.8M7.0M6.7M
Net Invested Capital12.3M7.8M9.3M3.7M3.3M3.2M
Net Working Capital10.4M6.2M7.7M2.0M1.8M1.7M
Capital Stock57.5M57.5M67.6M69.6M80.1M67.4M

Mirasol Resources Key Income Statement Accounts

202020212022202320242025 (projected)
Operating Income(5.5M)(4.9M)(9.0M)(9.4M)(8.4M)(8.8M)
Ebitda(6.0M)(5.4M)(4.8M)(8.9M)(8.0M)(8.4M)
Income Before Tax(6.0M)(5.1M)(9.8M)(8.9M)(8.0M)(7.6M)
Net Income(6.1M)(5.2M)(9.8M)(8.9M)(8.0M)(7.6M)
Income Tax Expense44.6K184.6K147.3K94.3K84.9K78.5K
Interest Expense39.6K33.5K25.8K16.4K18.8K17.9K
Ebit(6.1M)(5.5M)(4.9M)(9.0M)(8.1M)(8.5M)
Gross Profit(106.2K)(96.8K)(69.0K)(64.5K)(74.2K)(77.9K)
Cost Of Revenue106.2K96.8K69.0K64.5K58.1K55.2K
Research Development181.6K141.2K251.5K250.4K225.4K246.7K
Net Interest Income575.1K490.0K603.1K399.1K459.0K407.9K
Interest Income614.7K523.5K628.9K415.5K477.8K427.4K

Mirasol Resources Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash1.1M(4.3M)2.4M(5.8M)(5.2M)(4.9M)
Free Cash Flow(5.4M)(5.1M)(8.7M)(8.4M)(7.6M)(7.9M)
Capital Expenditures147.3K45.9K87.4K86.3K77.7K73.8K
Net Income(6.0M)(5.1M)(9.8M)(8.9M)(8.0M)(7.6M)
End Period Cash Flow10.0M5.7M8.1M2.4M2.7M2.6M
Depreciation106.2K96.8K69.0K64.5K74.2K52.4K
Other Non Cash Items(557.8K)(488.2K)(595.9K)(272.8K)(245.5K)(233.3K)
Investments6.7M479.4K514.6K322.1K370.5K351.9K
Change To Netincome1.1M(48.7K)273.4K485.9K437.3K537.8K

Mirasol Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mirasol Resources's current stock value. Our valuation model uses many indicators to compare Mirasol Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirasol Resources competition to find correlations between indicators driving Mirasol Resources's intrinsic value. More Info.
Mirasol Resources is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . At this time, Mirasol Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mirasol Resources' earnings, one of the primary drivers of an investment's value.

Mirasol Resources Systematic Risk

Mirasol Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mirasol Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mirasol Resources correlated with the market. If Beta is less than 0 Mirasol Resources generally moves in the opposite direction as compared to the market. If Mirasol Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mirasol Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mirasol Resources is generally in the same direction as the market. If Beta > 1 Mirasol Resources moves generally in the same direction as, but more than the movement of the benchmark.

Mirasol Resources Total Assets Over Time

Today, most investors in Mirasol Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mirasol Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mirasol Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At this time, Mirasol Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Mirasol Resources February 1, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mirasol Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mirasol Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mirasol Resources based on widely used predictive technical indicators. In general, we focus on analyzing Mirasol Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mirasol Resources's daily price indicators and compare them against related drivers.

Additional Tools for Mirasol Stock Analysis

When running Mirasol Resources' price analysis, check to measure Mirasol Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.