Mirasol Resources Ltd. (MRZLF) Income Statement Analysis

See more : Fiske plc (FKE.L) Income Statement Analysis – Financial Results

Complete financial analysis of Mirasol Resources Ltd. (MRZLF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Mirasol Resources Ltd., a leading company in the Other Precious Metals industry within the Basic Materials sector.

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Mirasol Resources Ltd. (MRZLF)

Industry: Other Precious Metals

Sector: Basic Materials

Website: https://www.mirasolresources.com

About Mirasol Resources Ltd.

Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company explores for gold, silver, and copper deposits. Its flagship projects include the Sobek Cu project, which covers an area of 11,120 hectares located in northern Chile; and the Inca Gold that covers an area of 16,300 hectares located on the Paleocene belt of Chile. The company was founded in 2003 and is headquartered in Vancouver, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	85.03K	496.70K	912.92K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cost of Revenue	69.05K	96.75K	106.24K	74.33K	8.40K	5.23K	14.49K	17.70K	18.93K	10.54K	9.54K	2.27K	5.84M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	15.98K	399.95K	806.68K	-74.33K	-8.40K	-5.23K	-14.49K	-17.70K	-18.93K	-10.54K	-9.54K	-2.27K	-5.84M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit Ratio	18.80%	80.52%	88.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Research & Development	0.00	141.17K	181.61K	354.53K	628.55K	667.36K	297.57K	105.44K	387.79K	150.54K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	1.25M	823.27K	195.32K	802.19K	1.26M	857.00K	1.04M	829.46K	857.59K	413.67K	1.60M	3.74M	6.76M	697.36K	770.00K	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	374.80K	91.89K	94.42K	144.59K	267.57K	241.37K	489.12K	335.92K	239.50K	277.89K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	10.09M	915.16K	289.74K	946.78K	1.53M	1.10M	1.53M	1.17M	1.10M	691.56K	1.60M	3.74M	6.76M	697.36K	770.00K	812.67K	1.04M	696.92K	649.51K	30.51K
Other Expenses	0.00	9.60K	-17.28K	42.76K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-140.31K	-67.28K	-180.95K	0.00	0.00	0.00	0.00	0.00
Operating Expenses	9.60M	5.34M	6.01M	6.39M	5.91M	5.45M	6.89M	7.17M	8.29M	8.43M	12.03M	15.97M	6.77M	2.16M	2.29M	2.37M	2.09M	1.44M	649.51K	77.44K
Cost & Expenses	10.09M	5.43M	6.11M	6.46M	5.92M	5.46M	6.90M	7.19M	8.31M	8.45M	12.04M	15.97M	12.61M	2.16M	2.29M	2.37M	2.09M	1.44M	649.51K	77.44K
Interest Income	628.87K	523.50K	614.75K	286.88K	440.14K	360.76K	157.58K	69.17K	62.87K	85.69K	36.35K	29.73K	0.00	0.00	0.00	0.00	179.36K	0.00	0.00	0.00
Interest Expense	25.76K	33.55K	39.63K	44.60K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	61.48K	0.00	0.00	0.00	1.00K	0.00
Depreciation & Amortization	69.05K	96.75K	106.24K	114.79K	52.94K	34.79K	38.92K	56.65K	61.69K	63.09K	67.92K	56.26K	2.22K	17.40K	27.97K	25.30K	18.61K	1.05K	1.71K	0.00
EBITDA	-10.09M	-5.01M	-5.21M	-6.36M	-5.82M	-5.38M	-6.82M	-7.07M	-8.24M	-3.68M	-11.78M	-15.72M	-12.47M	-2.14M	-2.26M	-2.34M	-2.07M	-1.43M	-647.81K	-77.44K
EBITDA Ratio	-11,871.03%	-967.08%	-592.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Income	-10.07M	-4.90M	-5.51M	-6.18M	-5.48M	-6.21M	-6.70M	-8.21M	-5.43M	-3.74M	-61.32M	-16.14M	-12.73M	-2.16M	-2.29M	-2.37M	-2.09M	-1.44M	-649.51K	-77.44K
Operating Income Ratio	-11,843.71%	-986.56%	-604.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Other Income/Expenses	274.00K	-113.91K	-804.17K	440.35K	-778.87K	1.07M	-116.22K	990.05K	-3.04M	-4.88M	48.49M	0.00	0.00	-67.28K	-180.95K	-154.25K	-97.83K	50.24K	-24.76K	198.93K
Income Before Tax	-9.80M	-5.08M	-5.96M	-5.90M	-6.65M	-4.34M	-6.95M	-6.11M	-11.13M	-13.06M	37.28M	-16.14M	-12.73M	-2.23M	-2.47M	-2.52M	-2.19M	-1.39M	-674.28K	121.49K
Income Before Tax Ratio	-11,521.48%	-1,022.96%	-653.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Income Tax Expense	0.00	43.15K	22.35K	44.60K	-118.92K	-1.12M	43.19K	-88.00K	-3.21M	-828.38K	4.12M	168.14K	125.74K	2.00K	-423.38K	-201.68K	-179.36K	-31.98K	1.00K	397.85K
Net Income	-9.80M	-5.08M	-5.96M	-5.90M	-6.65M	-4.34M	-6.95M	-6.02M	-7.92M	-12.23M	33.16M	-16.14M	-12.73M	-2.23M	-2.05M	-2.32M	-2.01M	-1.35M	-675.28K	-276.36K
Net Income Ratio	-11,521.48%	-1,022.96%	-653.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS	-0.17	-0.09	-0.11	-0.11	-0.12	-0.09	-0.15	-0.14	-0.17	-0.27	0.74	-0.39	-0.34	-0.07	-0.07	-0.08	-0.08	-0.09	-0.08	-0.09
EPS Diluted	-0.17	-0.09	-0.11	-0.11	-0.12	-0.09	-0.15	-0.14	-0.17	-0.27	0.74	-0.39	-0.34	-0.07	-0.07	-0.08	-0.08	-0.09	-0.08	-0.09
Weighted Avg Shares Out	57.27M	53.96M	54.11M	54.11M	53.93M	49.45M	47.78M	44.33M	45.48M	45.40M	44.67M	41.10M	37.08M	31.93M	30.07M	29.72M	25.35M	15.35M	8.01M	3.11M
Weighted Avg Shares Out (Dil)	57.27M	53.96M	54.11M	54.11M	53.93M	49.45M	47.78M	44.33M	45.48M	45.40M	45.11M	41.10M	37.08M	31.93M	30.07M	29.72M	25.35M	15.35M	8.01M	3.11M

Mirasol Resources Makes a New High-Grade Silver Discovery at Virginia Silver Project, Argentina

May 17, 2021globenewswire.com

Phase II Drilling Highlights:

Mirasol Resources Reports on 2021 Annual General Meeting of Shareholders

May 13, 2021globenewswire.com

VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) reports on the results of its 2021 Annual General Meeting of shareholders, which was held on May 12, 2021 (the...

Mirasol Resources Announces Change to AGM Format Due to Ongoing COVID-19 Restrictions

May 4, 2021globenewswire.com

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) will hold its annual and special general meeting of shareholders (“AGM”) on Wednesday, May 12, 2021 at 2:00 pm (Vancouver...

Mirasol Resources eyeing busy year ahead, with 15,000m of drilling planned on seven projects

April 19, 2021proactiveinvestors.com

A project generator and explorer focused on Chile and Argentina Well-funded with around C$13M in cash Share buy-back underway What Mirasol Resources does: Mirasol Resources Ltd (CVE:MRZ) (OTCMKTS:MRZLF) is a project generator and exploration company with gold, silver and precious...

Mirasol Resources partners with Patagonia Gold on its Nico and Homenaje projects, Argentina

April 19, 2021proactiveinvestors.com

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R), the project generator, is partnering up with Argentina-focused Patagonia Gold Corp on its Nico and Homenaje projects, the latter of which lies next to Patagonia's Cap Oeste mine. At Homenaje, which spans over 10,000...

Mirasol Resources Enters into Definitive Agreements for its Nico and Homenaje Projects in Argentina

April 19, 2021globenewswire.com

VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) is pleased to announce that it has signed binding agreements with Patagonia Gold Corp. (“Patagonia”) for its Homenaje and Nico...

Mirasol Resources begins a 2,600 metre drill program at its Sascha Marcelina project in Argentina

April 15, 2021proactiveinvestors.com

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) announced the start of a 2,600 metres (m) drill program at its Sascha Marcelina gold and silver project in Argentina. The company said the program will focus on three priority drill targets (the Estancia,...

Mirasol Resources announces appointment of Timothy Heenan to the permanent position of president

April 14, 2021proactiveinvestors.com

Mirasol Resources Ltd. (CVE:MRZ) (OTCPINK:MRZLF) has announced the appointment of Timothy Heenan to the permanent position of president for the company.

Mirasol Resources kicks off maiden 1,500m drill program at Inca gold project in Chile

March 3, 2021proactiveinvestors.com

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) said a maiden 1,500 metres (m) drill program had started at its Inca gold project, in the Region III of Chile. The work is targeting three of the most prospective zones on the underexplored Sandra...