What moved the M2R.AX stock price today?

M2R.AX stock fell to **A$0.004** after hours on heavier volume as the market digested today’s earnings update and exploration timing. The one-day decline was **11.11%** on **29,184,973** shares, reflecting low liquidity and headline sensitivity.

What is Meyka AI's outlook for M2R.AX stock?

Meyka AI's forecast model projects **A$0.006** for M2R.AX stock over 12 months, implying an upside of **50.00%** from the current **A$0.004**. Forecasts are model projections and not guarantees.

What are the main risks for M2R.AX stock investors?

Key risks include exploration setbacks, continued negative EPS (**-0.01**), funding needs due to negative free cash flow, and high trading volatility given small market cap **A$4,510,172.00** and thin liquidity.

Where can I read Miramar’s official updates for M2R.AX stock?

Official updates are published on Miramar Resources' website and ASX announcements. Check [Miramar Resources](https://www.miramarresources.com.au) and the [ASX company page](https://www.asx.com.au/asx/share-price-research/company/M2R) for filings and notices.

AU Stocks

Price falls to A$0.004 Miramar Resources M2R.AX ASX after hours: earnings detail to watch

ByDanny Kontos March 5, 2026March 5, 2026

M2R.AX stock traded at A$0.004 after hours on 05 Mar 2026 following Miramar Resources Limited’s earnings update and related exploration news. The microcap miner showed volume of 29,184,973 shares today and a one-day move of -11.11%, amplifying sensitivity in this low‑liquidity ASX listing. Investors should focus on cash position, EPS of -0.01, and near-term drilling catalysts that will drive the next re-rating or downside. We summarise the earnings headliners, valuation cues and a short-term forecast that frames risk-reward for traders and resource investors.