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AKORA Resources (ASX:AKO) Market Cap : A$19.26 Mil (As of May. 26, 2024)


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What is AKORA 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). AKORA Resources's share price for the quarter that ended in Jun. 2023 was A$0.168229. AKORA Resources's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 95.98 Mil. Therefore, AKORA Resources's market cap for the quarter that ended in Jun. 2023 was A$16.15 Mil.

AKORA Resources's quarterly market cap declined from Jun. 2022 (A$12.92 Mil) to Dec. 2022 (A$11.91 Mil) but then increased from Dec. 2022 (A$11.91 Mil) to Jun. 2023 (A$16.15 Mil).

AKORA Resources's annual market cap declined from Dec. 2021 (A$14.34 Mil) to Dec. 2022 (A$11.91 Mil) but then increased from Dec. 2022 (A$11.91 Mil) to Dec. 2023 (A$14.25 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. AKORA Resources's Enterprise Value for Today is A$17.95 Mil.


AKORA Resources Market Cap Historical Data

The historical data trend for AKORA 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.

AKORA Resources Market Cap Chart

AKORA Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
21.02 14.34 11.91 14.25

AKORA Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial 14.34 12.92 11.91 16.15 14.25

Competitive Comparison of AKORA Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, AKORA 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.


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

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

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



AKORA 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.

AKORA Resources'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 )
=A$0.148437*95.9826
=A$14.25

AKORA Resources's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=A$0.168229*95.9826
=A$16.15

* 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.


AKORA Resources  (ASX:AKO) 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.


AKORA Resources Market Cap Related Terms

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AKORA Resources (ASX:AKO) Business Description

Traded in Other Exchanges
N/A
Address
211 McIlwraith Street, Princes Hill, North Carlton, Melbourne, VIC, AUS, 3054
AKORA Resources Ltd is a mining company. The company is engaged in the exploration and development for ferrous metals. The company's projects involved the Bekisopa Project, the Tratramarina Project, and the Ambodilafa Project. It operates in two geographical segments namely Australia and Madagascar.

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