Newfoundland Discovery's quarterly market cap
declined
from Jul. 2023 (C$3.26 Mil) to Oct. 2023 (C$1.40 Mil) but then
increased
from Oct. 2023 (C$1.40 Mil) to Jan. 2024 (C$1.86 Mil).
Newfoundland Discovery's annual market cap
declined
from Apr. 2021 (C$12.89 Mil) to Apr. 2022 (C$10.18 Mil) and
declined
from Apr. 2022 (C$10.18 Mil) to Apr. 2023 (C$7.41 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. Newfoundland Discovery's Enterprise Value for Today is C$1.72 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 Newfoundland Discovery's Market Cap
For the Gold subindustry, Newfoundland Discovery'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.
Newfoundland Discovery's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newfoundland Discovery's Market Cap distribution charts can be found below:
* The bar in red indicates where Newfoundland Discovery's Market Cap falls into.
Newfoundland Discovery 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.
Newfoundland Discovery's Market Cap for the fiscal year that ended in Apr. 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.
Newfoundland Discovery (XCNQ:NEWD) 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.
Newfoundland Discovery Market Cap Related Terms
Thank you for viewing the detailed overview of Newfoundland Discovery's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Newfoundland Discovery (XCNQ:NEWD) Business Description
Newfoundland Discovery Corp is a junior mining exploration company. Its projects include the Grup Property, Bursey Property, Rodger's Cove Property, Johnathan's Pond Properties, Eastern Point Property, Wigwam Property, Goldson Gold Property, and the Southwest Pond Gold Property in Newfoundland; the Northbound Property, Northbound Extension, Southern Star Property, Valentine Mountain Property, Bouvier Property and the Chubb Lithium Property in Quebec.
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