Mirasol Resources Ltd.

TSXV:MRZ Stock Report

Market Cap: CA$31.5m

Mirasol Resources Past Earnings Performance

Past criteria checks 0/6

Mirasol Resources's earnings have been declining at an average annual rate of -12%, while the Metals and Mining industry saw earnings growing at 18.6% annually. Revenues have been declining at an average rate of 48.7% per year.

Key information

-12.02%

Earnings growth rate

-4.17%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate-48.73%
Return on equity-341.36%
Net Margin-1,121.97%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article Dec 06

We're A Little Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Mar 07

Will Mirasol Resources (CVE:MRZ) Spend Its Cash Wisely?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Jul 13

Here's Why We're Watching Mirasol Resources' (CVE:MRZ) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Dec 22

Companies Like Mirasol Resources (CVE:MRZ) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Aug 04

We're Not Very Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Apr 12

We Think Mirasol Resources (CVE:MRZ) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Dec 28

Here's Why We're Not Too Worried About Mirasol Resources' (CVE:MRZ) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Revenue & Expenses Breakdown

How Mirasol Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:MRZ Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 251-680
30 Sep 250-10100
30 Jun 250-10100
31 Mar 250-10100
31 Dec 240-990
30 Sep 240-890
30 Jun 240-990
31 Mar 240-10110
31 Dec 230-11110
30 Sep 230-11110
30 Jun 230-10100
31 Mar 230-770
31 Dec 220-770
30 Sep 220-560
30 Jun 220-550
31 Mar 220-560
31 Dec 211-560
30 Sep 211-560
30 Jun 211-660
31 Mar 211-660
31 Dec 200-550
30 Sep 200-660
30 Jun 200-660
31 Mar 200-660
31 Dec 190-970
30 Sep 190-660
30 Jun 190-760
31 Mar 190-560
31 Dec 180-350
30 Sep 180-450
30 Jun 180-450
31 Mar 180-650
31 Dec 170-650
30 Sep 170-760
30 Jun 170-770
31 Mar 170-770
31 Dec 160-880
30 Sep 160-880
30 Jun 160-670
31 Mar 160-780
31 Dec 150-480
30 Sep 150-280

Quality Earnings: MRZ is currently unprofitable.

Growing Profit Margin: MRZ is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRZ is unprofitable, and losses have increased over the past 5 years at a rate of 12% per year.

Accelerating Growth: Unable to compare MRZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MRZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (122%).


Return on Equity

High ROE: MRZ has a negative Return on Equity (-341.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 09:13
End of Day Share Price 2026/05/20 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mirasol Resources Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris ThompsonHaywood Securities Inc.
Michael GrayMacquarie Research
Don MacLeanParadigm Capital, Inc.