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). James Bay Resources's share price for the quarter that ended in Dec. 2023 was C$0.025. James Bay Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 81.08 Mil. Therefore, James Bay Resources's market cap for the quarter that ended in Dec. 2023 was C$2.03 Mil.
James Bay Resources's quarterly market cap
increased
from Jun. 2023 (C$2.06 Mil) to Sep. 2023 (C$4.05 Mil) but then
declined
from Sep. 2023 (C$4.05 Mil) to Dec. 2023 (C$2.03 Mil).
James Bay Resources's annual market cap
declined
from Dec. 2021 (C$5.13 Mil) to Dec. 2022 (C$2.16 Mil) and
declined
from Dec. 2022 (C$2.16 Mil) to Dec. 2023 (C$2.03 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. James Bay Resources's Enterprise Value for Today is C$2.65 Mil.
James Bay Resources Market Cap Historical Data
The historical data trend for James Bay 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.
Competitive Comparison of James Bay Resources's Market Cap
For the Oil & Gas E&P subindustry, James Bay 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.
James Bay Resources's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, James Bay Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where James Bay Resources's Market Cap falls into.
James Bay 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.
James Bay Resources'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.
James Bay Resources (XCNQ:JBR) 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.
James Bay Resources Market Cap Related Terms
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James Bay Resources (XCNQ:JBR) Business Description
James Bay Resources Ltd is a junior resource company. It focuses on the acquisition and exploration of base and precious metal mineral properties, with activities centered in Canada.
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