Miramar Resources Ltd
ASX:M2R
Prices of ASX stocks are not being updated. The latest M2R price on Alpha Spread is from Oct 14, 2026. Financials, forecasts and intrinsic value keep updating.
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Intrinsic Value
The intrinsic value of 
Miramar Resources Ltd (M2R) under the Base Case is 0.00003 AUD per share.
Compared with the last price of 0.002 AUD on Oct 14, the stock appears
Overvalued by 99% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Miramar Resources Does
Miramar Resources Ltd. is an exploration company, which engages in the provision of new gold discoveries in proximity to existing operations in the Eastern Goldfields, Murchison and Gascony regions. The company is headquartered in Perth, Western Australia. The company went IPO on 2020-10-22. The firm is engaged in exploring for gold, copper and nickel-copper-platinum group element (Ni-Cu-PGE) deposits in the Eastern Goldfields and Gascoyne regions of Western Australia (WA).
- Headquarters
- Australia AU
- IPO date
- Oct 22, 2020
Earnings Waterfall
Miramar Resources Ltd
What is the Intrinsic Value of one M2R stock?
The intrinsic value for Miramar Resources Ltd (M2R) under the Base Case is 0.00003 AUD.
Is M2R stock undervalued or overvalued?
Compared with the last price of 0.002 AUD on Oct 14, the stock appears Overvalued by 99% .
