Torque Metals (ASX:TOR) Market Cap : A$36.65 Mil (As of Jun. 14, 2024)

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What is Torque Metals 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). Torque Metals's share price for the quarter that ended in Dec. 2023 was A$0.22. Torque Metals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 131.42 Mil. Therefore, Torque Metals's market cap for the quarter that ended in Dec. 2023 was A$28.91 Mil.

Torque Metals's quarterly market cap declined from Dec. 2022 (A$14.01 Mil) to Jun. 2023 (A$13.49 Mil) but then increased from Jun. 2023 (A$13.49 Mil) to Dec. 2023 (A$28.91 Mil).

Torque Metals's annual market cap increased from Jun. 2021 (A$13.51 Mil) to Jun. 2022 (A$18.68 Mil) but then declined from Jun. 2022 (A$18.68 Mil) to Jun. 2023 (A$13.49 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. Torque Metals's Enterprise Value for Today is A$33.85 Mil.

Torque Metals Market Cap Historical Data

The historical data trend for Torque Metals'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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Torque Metals Market Cap Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Market Cap

13.51

18.68

13.49

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Market Cap	Get a 7-Day Free Trial			13.82	18.68	14.01	13.49	28.91

Competitive Comparison of Torque Metals's Market Cap

For the Gold subindustry, Torque Metals'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.

Torque Metals's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Torque Metals's Market Cap falls into.

Torque Metals 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.

Torque Metals'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$0.14	*	96.337
	=	A$13.49

Torque Metals'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$0.22	*	131.424
	=	A$28.91

Torque Metals (ASX:TOR) 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 companys 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.

Torque Metals Market Cap Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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