GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nortec Minerals Corp (OTCPK:NMNZF) » Definitions » Market Cap

Nortec Minerals (Nortec Minerals) Market Cap : $0.78 Mil (As of May. 18, 2024)


View and export this data going back to . Start your Free Trial

What is Nortec 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). Nortec Minerals's share price for the quarter that ended in Dec. 2023 was $0.01. Nortec Minerals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 53.40 Mil. Therefore, Nortec Minerals's market cap for the quarter that ended in Dec. 2023 was $0.53 Mil.

Nortec Minerals's quarterly market cap declined from Jun. 2023 ($1.02 Mil) to Sep. 2023 ($0.51 Mil) but then increased from Sep. 2023 ($0.51 Mil) to Dec. 2023 ($0.53 Mil).

Nortec Minerals's annual market cap declined from Dec. 2021 ($1.82 Mil) to Dec. 2022 ($0.79 Mil) and declined from Dec. 2022 ($0.79 Mil) to Dec. 2023 ($0.53 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. Nortec Minerals's Enterprise Value for Today is $0.69 Mil.


Nortec Minerals Market Cap Historical Data

The historical data trend for Nortec 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.

* Premium members only.

Nortec Minerals Market Cap Chart

Nortec Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 2.19 1.82 0.79 0.53

Nortec Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.79 1.02 1.02 0.51 0.53

Competitive Comparison of Nortec Minerals's Market Cap

For the Other Industrial Metals & Mining subindustry, Nortec 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.


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

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

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



Nortec 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.

Nortec 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 )
=$0.01*53.3955
=$0.53

Nortec 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 )
=$0.01*53.3955
=$0.53

* 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.


Nortec Minerals  (OTCPK:NMNZF) 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.


Nortec Minerals Market Cap Related Terms

Thank you for viewing the detailed overview of Nortec Minerals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Nortec Minerals (Nortec Minerals) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 915, Vancouver, BC, CAN, V6C 1G8
Nortec Minerals Corp is a Canada-based exploration-stage company that is engaged in the acquisition and exploration of mineral properties. The company's projects include Sturgeon Lake VMS, Mattagami River Zinc, and Finland project.

Nortec Minerals (Nortec Minerals) Headlines

From GuruFocus

Nortec Minerals Announces Results of Annual General Shareholders Meeting

By GlobeNewswire GlobeNewswire 10-23-2020