Miramar Resources Ltd banner

Miramar Resources Ltd
ASX:M2R

Watchlist Manager
Miramar Resources Ltd Logo
Miramar Resources Ltd
ASX:M2R
Watchlist
Price: 0.003 AUD Market Closed
Market Cap: AU$6.3m

EV/OCF

-5.9
Current
130%
More Expensive
vs 3-y average of -2.6

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
-5.9
=
Enterprise Value
AU$3.8m
/
Operating Cash Flow
AU$-946.4k

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
-5.9
=
Enterprise Value
AU$3.8m
/
Operating Cash Flow
AU$-946.4k

Valuation Scenarios

Miramar Resources Ltd is trading above its industry average

If EV/OCF returns to its Industry Average (10.2), the stock would be worth AU$-0.01 (273% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-338%
Maximum Upside
No Upside Scenarios
Average Downside
305%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple -5.9 AU$0
0%
Industry Average 10.2 AU$-0.01
-273%
Country Average 14.1 AU$-0.01
-338%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
AU
Miramar Resources Ltd
ASX:M2R
6.3m AUD -5.9 -3.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 34 229.3 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 10.9 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 6.3 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 10.8 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 12.2 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 14.3 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 8.7 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 8.7 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 32.3 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 58.9 34.2

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 376 companies
0th percentile
-5.9
Low
0 — 9.3
Typical Range
9.3 — 24.1
High
24.1 —
Distribution Statistics
Australia
Min 0
30th Percentile 9.3
Median 14.1
70th Percentile 24.1
Max 9 251.5

Miramar Resources Ltd
Glance View

Market Cap
6.3m AUD
Industry
Metals & Mining

Miramar Resources Ltd. operates as an exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-10-22. The firm is engaged in exploration and evaluation of mining tenements. The firm operates in three types of projects, including Eastern Goldfields Projects, Murchison Region Projects and Gascoyne Region Projects. Eastern Goldfields Projects include three underexplored gold projects near Kalgoorlie in Western Australia, including Gidji JV, Glandore and Randalls. The Gidji JV Project is located within the Eastern Goldfields approximately 14 kilometers north of Kalgoorlie. The Glandore Project is located within the eastern Goldfields, approximately 40 kilometers east of Kalgoorlie, Western Australia. Murchison Region Projects include two projects under-explored greenstone belts, including Lang Well and Lakeside. Gascoyne Region Projects two projects in this region.

M2R Intrinsic Value
0.0001 AUD
Overvaluation 98%
Intrinsic Value
Price AU$0.003
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett