Serrano Resources Ltd.

OTCPK:MIRX.F Stock Report

Market Cap: US$4.1m

Serrano Resources Past Earnings Performance

Past criteria checks 0/6

Serrano Resources's earnings have been declining at an average annual rate of -96.5%, while the Oil and Gas industry saw earnings growing at 39.5% annually.

Key information

-96.5%

Earnings growth rate

-96.5%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth raten/a
Return on equityn/a
Net Marginn/a
Last Earnings Update30 Jun 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

OTCPK:MIRX.F Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 240000
31 Mar 240000
31 Dec 230000
30 Sep 230000
30 Jun 230000
31 Mar 230000
31 Dec 220000
30 Sep 220000
30 Jun 220000
31 Mar 220000
31 Dec 210000
30 Sep 210000
30 Jun 210000
31 Mar 210000
31 Dec 200000
30 Sep 200000
30 Jun 200000
31 Mar 200000
31 Dec 190000
30 Sep 190700
30 Jun 190600
31 Mar 190600
31 Dec 180600
30 Sep 180-500
30 Jun 180-500
31 Mar 180-500
31 Dec 170-500
30 Sep 170000
30 Jun 170000
31 Mar 170000
31 Dec 160000
30 Sep 160000
30 Jun 160000
31 Mar 160000
31 Dec 150-100
30 Sep 150000
30 Jun 150000
31 Mar 150000
31 Dec 140000
30 Sep 140-3700
30 Jun 140-3700
31 Mar 140-3700
31 Dec 130-3700

Quality Earnings: MIRX.F is currently unprofitable.

Growing Profit Margin: MIRX.F is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MIRX.F is unprofitable, and losses have increased over the past 5 years at a rate of 96.5% per year.

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

Earnings vs Industry: MIRX.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-31.9%).


Return on Equity

High ROE: MIRX.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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