Why did M2R.AX stock fall today?

The intraday drop stemmed from heavy selling on thin bids, negative earnings, and low liquidity. No major corporate news drove the move, so sentiment and volume imbalances mainly triggered the decline.

What is Meyka AI’s view on M2R.AX stock?

Meyka AI rates M2R.AX **62.71/100** (Grade B, HOLD). The model highlights valuation discount but flags weak returns and liquidity risk. This is informational, not investment advice.

What price targets should traders watch for M2R.AX stock?

Our model baseline is **A$0.005** (12 months) with a downside scenario at **A$0.002**. These imply +**66.67%** upside and -**33.33%** downside from **A$0.003** today. Forecasts are projections, not guarantees.

When is Miramar’s next earnings announcement?

The company lists an earnings announcement date of **05 Mar 2026**. Investors should watch that release for updates on cash, exploration spend and revised guidance.

AU Stocks

ASX: M2R.AX Miramar Resources intraday -33.33% 07 Feb 2026: Watch liquidity risk

ByDanny Kontos February 7, 2026February 7, 2026

The most important fact: Miramar Resources Limited (M2R.AX) is an intraday top loser, plunging 33.33% to A$0.003 on the ASX on 07 Feb 2026. This drop follows heavy trading with 16,885,933.00 shares changing hands, well above the five‑day average. The sharp move highlights tight liquidity, negative earnings momentum and valuation stress for this small cap gold explorer. We review the drivers, metrics, and what analysts and our model say about near‑term prospects for M2R.AX stock.