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Alliance Nickel (ASX:AXN) Market Cap : A$29.76 Mil (As of Jun. 04, 2024)


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What is Alliance Nickel Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Alliance Nickel's share price for the quarter that ended in Dec. 2023 was A$0.043. Alliance Nickel's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 725.84 Mil. Therefore, Alliance Nickel's market cap for the quarter that ended in Dec. 2023 was A$31.21 Mil.

Alliance Nickel's quarterly market cap increased from Dec. 2022 (A$58.47 Mil) to Jun. 2023 (A$67.03 Mil) but then declined from Jun. 2023 (A$67.03 Mil) to Dec. 2023 (A$31.21 Mil).

Alliance Nickel's annual market cap increased from Jun. 2021 (A$26.17 Mil) to Jun. 2022 (A$54.05 Mil) and increased from Jun. 2022 (A$54.05 Mil) to Jun. 2023 (A$67.03 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Alliance Nickel's Enterprise Value for Today is A$25.82 Mil.


Alliance Nickel Market Cap Historical Data

The historical data trend for Alliance Nickel's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliance Nickel Market Cap Chart

Alliance Nickel Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.79 19.24 26.17 54.05 67.03

Alliance Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.61 54.05 58.47 67.03 31.21

Competitive Comparison of Alliance Nickel's Market Cap

For the Other Industrial Metals & Mining subindustry, Alliance Nickel's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliance Nickel's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alliance Nickel's Market Cap distribution charts can be found below:

* The bar in red indicates where Alliance Nickel's Market Cap falls into.



Alliance Nickel Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Alliance Nickel's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=A$0.094*713.106
=A$67.03

Alliance Nickel's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=A$0.043*725.84
=A$31.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alliance Nickel  (ASX:AXN) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Alliance Nickel Market Cap Related Terms

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Alliance Nickel (ASX:AXN) Business Description

Traded in Other Exchanges
Address
45 Stirling Highway, Level 1, Suite 1.02, Nedlands, WA, AUS, 6009
Alliance Nickel Ltd is an exploration and development company with nickel, cobalt and gold interests in Western Australia. Alliance's principal asset is its 100% owned NiWest Nickel Cobalt Project situated adjacent to Glencore's Murrin Murrin Operations. The company has completed a Pre-Feasibility Study which has confirmed the technical and economic viability of a heap leach and direct solvent extraction operation at undeveloped nickel/cobalt deposits in Australia.

Alliance Nickel (ASX:AXN) Headlines

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