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Tietto Minerals (ASX:TIE) Market Cap : A$773.9 Mil (As of May. 23, 2024)


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What is Tietto Minerals 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). Tietto Minerals's share price for the quarter that ended in Dec. 2023 was A$0.61. Tietto Minerals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,129.9 Mil. Therefore, Tietto Minerals's market cap for the quarter that ended in Dec. 2023 was A$689.2 Mil.

Tietto Minerals's quarterly market cap declined from Dec. 2022 (A$761.1 Mil) to Jun. 2023 (A$505.7 Mil) but then increased from Jun. 2023 (A$505.7 Mil) to Dec. 2023 (A$689.2 Mil).

Tietto Minerals's annual market cap increased from Jun. 2021 (A$136.9 Mil) to Jun. 2022 (A$297.4 Mil) and increased from Jun. 2022 (A$297.4 Mil) to Dec. 2023 (A$689.2 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. Tietto Minerals's Enterprise Value for Today is A$752.2 Mil.


Tietto Minerals Market Cap Historical Data

The historical data trend for Tietto Minerals'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.

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Tietto Minerals Market Cap Chart

Tietto Minerals Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Market Cap
Get a 7-Day Free Trial 44.89 174.77 136.86 297.45 689.23

Tietto Minerals Semi-Annual Data
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 305.52 297.45 761.07 505.70 689.23

Competitive Comparison of Tietto Minerals's Market Cap

For the Gold subindustry, Tietto Minerals'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.


Tietto Minerals's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tietto Minerals's Market Cap falls into.



Tietto Minerals 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.

Tietto Minerals's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=A$0.61*1129.89
=A$689.2

Tietto Minerals'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$0.61*1129.89
=A$689.2

* 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.


Tietto Minerals  (ASX:TIE) 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.


Tietto Minerals Market Cap Related Terms

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Tietto Minerals (ASX:TIE) Business Description

Traded in Other Exchanges
N/A
Address
123B Collin Street, Unit 22, Perth, WA, AUS, 6005
Tietto Minerals Ltd is a mineral exploration company with a main focus on gold in West Africa. It operates as four segments which are Administration Australia, Exploration Liberia, Exploration Cote d'Ivoire and Development Cote d'Ivoire. The projects include Dube South Project, Cestos Project, and Abujar Au Project.

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