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). Asante Gold's share price for the quarter that ended in Oct. 2023 was $1. Asante Gold's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 444.9 Mil. Therefore, Asante Gold's market cap for the quarter that ended in Oct. 2023 was $444.9 Mil.
Asante Gold's quarterly market cap
declined
from Apr. 2023 ($657.1 Mil) to Jul. 2023 ($496.5 Mil) and
declined
from Jul. 2023 ($496.5 Mil) to Oct. 2023 ($444.9 Mil).
Asante Gold's annual market cap
increased
from Jan. 2021 ($7.8 Mil) to Jan. 2022 ($246.1 Mil) and
increased
from Jan. 2022 ($246.1 Mil) to Jan. 2023 ($506.6 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. Asante Gold's Enterprise Value for Today is $390.4 Mil.
Asante Gold Market Cap Historical Data
The historical data trend for Asante Gold'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 Asante Gold's Market Cap
For the Gold subindustry, Asante 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.
Asante Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Asante Gold's Market Cap falls into.
Asante 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.
Asante Gold's Market Cap for the fiscal year that ended in Jan. 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.
Asante Gold (OTCPK:ASGOF) 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.
Asante Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Asante Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
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