Thunder Mountain Gold's quarterly market cap
declined
from Jun. 2023 ($3.65 Mil) to Sep. 2023 ($3.35 Mil) and
declined
from Sep. 2023 ($3.35 Mil) to Dec. 2023 ($2.58 Mil).
Thunder Mountain Gold's annual market cap
declined
from Dec. 2021 ($8.82 Mil) to Dec. 2022 ($4.98 Mil) and
declined
from Dec. 2022 ($4.98 Mil) to Dec. 2023 ($2.58 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. Thunder Mountain Gold's Enterprise Value for Today is $1.92 Mil.
* 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.
Competitive Comparison of Thunder Mountain Gold's Market Cap
For the Other Precious Metals & Mining subindustry, Thunder Mountain Gold'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.
Thunder Mountain Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Thunder Mountain Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Thunder Mountain Gold's Market Cap falls into.
Thunder Mountain Gold 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.
Thunder Mountain Gold's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Thunder Mountain Gold (OTCPK:THMG) 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.
Thunder Mountain Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Thunder Mountain Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Thunder Mountain Gold (Thunder Mountain Gold) Business Description
Thunder Mountain Gold Inc is a mineral exploration stage company. It is engaged in exploring mining properties that have the potential to produce gold, silver, base metals, and other commodities. The company holds interests in the South Mountain and Trout Creek Project. The current land package at South Mountain consists of 17 patented mining claims encompassing approximately 326 acres, 21 unpatented mining lode claims covering approximately 290 acres, and approximately 489 acres of leased private land. In addition, the project owns 360 acres of private land (mill site) not contiguous with the mining claims. All holdings are in the South Mountain Mining District, Owyhee County, Idaho.
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