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Magna Mining (TSXV:NICU) Market Cap : C$130.81 Mil (As of Jun. 06, 2024)


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What is Magna Mining 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). Magna Mining's share price for the quarter that ended in Mar. 2024 was C$0.61. Magna Mining's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 163.38 Mil. Therefore, Magna Mining's market cap for the quarter that ended in Mar. 2024 was C$99.66 Mil.

Magna Mining's quarterly market cap increased from Sep. 2023 (C$84.68 Mil) to Dec. 2023 (C$91.49 Mil) and increased from Dec. 2023 (C$91.49 Mil) to Mar. 2024 (C$99.66 Mil).

Magna Mining's annual market cap increased from Dec. 2021 (C$30.85 Mil) to Dec. 2022 (C$130.75 Mil) but then declined from Dec. 2022 (C$130.75 Mil) to Dec. 2023 (C$91.49 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. Magna Mining's Enterprise Value for Today is C$123.29 Mil.


Magna Mining Market Cap Historical Data

The historical data trend for Magna Mining'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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Magna Mining Market Cap Chart

Magna Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- 30.85 130.75 91.49

Magna Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 164.52 96.96 84.68 91.49 99.66

Competitive Comparison of Magna Mining's Market Cap

For the Other Industrial Metals & Mining subindustry, Magna Mining'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.


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

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

* The bar in red indicates where Magna Mining's Market Cap falls into.



Magna Mining 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.

Magna Mining'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 )
=C$0.56*163.38
=C$91.49

Magna Mining's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=C$0.61*163.38
=C$99.66

* 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.


Magna Mining  (TSXV:NICU) 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.


Magna Mining Market Cap Related Terms

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Magna Mining (TSXV:NICU) Business Description

Traded in Other Exchanges
Address
45 Oak Street, Box 103, Dowling, ON, CAN, P0M 1R0
Magna Mining Inc is a Sudbury-focused base metal exploration and development company. It is prospective for nickel, copper, and PGM discoveries. Its projects include the Shakespeare Project and the Shining Tree Project. It has one reportable operating segment, being the acquisition, exploration and development of mineral properties. The Company's assets are located in Canada.
Executives
Dundee Corporation 10% Security Holder

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