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VAR Resources (TSXV:VAR) Market Cap : C$2.21 Mil (As of May. 26, 2024)


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What is VAR Resources 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). VAR Resources's share price for the quarter that ended in Jul. 2022 was C$0.18. VAR Resources's Shares Outstanding (EOP) for the quarter that ended in Jul. 2022 was 13.79 Mil. Therefore, VAR Resources's market cap for the quarter that ended in Jul. 2022 was C$2.48 Mil.

VAR Resources's quarterly market cap increased from Jan. 2022 (C$2.21 Mil) to Apr. 2022 (C$2.30 Mil) and increased from Apr. 2022 (C$2.30 Mil) to Jul. 2022 (C$2.48 Mil).

VAR Resources's annual market cap increased from Oct. 2019 (C$0.38 Mil) to Oct. 2020 (C$0.75 Mil) and increased from Oct. 2020 (C$0.75 Mil) to Oct. 2021 (C$2.46 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. VAR Resources's Enterprise Value for Today is C$2.23 Mil.


VAR Resources Market Cap Historical Data

The historical data trend for VAR Resources'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.

VAR Resources Market Cap Chart

VAR Resources Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.15 0.38 0.75 2.46

VAR Resources Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 2.21 2.46 2.21 2.30 2.48

Competitive Comparison of VAR Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, VAR Resources'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.


VAR Resources's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where VAR Resources's Market Cap falls into.



VAR Resources 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.

VAR Resources's Market Cap for the fiscal year that ended in Oct. 2021 is calculated as

Market Cap (A: Oct. 2021 )=Share Price (A: Oct. 2021 )*Shares Outstanding (EOP) (A: Oct. 2021 )
=C$0.2*12.2953
=C$2.46

VAR Resources's Market Cap for the quarter that ended in Jul. 2022 is calculated as

Market Cap (Q: Jul. 2022 )=Share Price (Q: Jul. 2022 )*Shares Outstanding (EOP) (Q: Jul. 2022 )
=C$0.18*13.7903
=C$2.48

* 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.


VAR Resources  (TSXV:VAR) 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.


VAR Resources Market Cap Related Terms

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VAR Resources (TSXV:VAR) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 588, Vancouver, BC, CAN, V6C 3B6
VAR Resources Corp is engaged in the exploration and acquisition of mineral properties.

VAR Resources (TSXV:VAR) Headlines

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