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). Advance Metals's share price for the quarter that ended in Jun. 2024 was A$0.029. Advance Metals's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 135.41 Mil. Therefore, Advance Metals's market cap for the quarter that ended in Jun. 2024 was A$3.93 Mil.
Advance Metals's quarterly market cap
increased
from Jun. 2023 (A$4.12 Mil) to Dec. 2023 (A$34.80 Mil) but then
declined
from Dec. 2023 (A$34.80 Mil) to Jun. 2024 (A$3.93 Mil).
Advance Metals's annual market cap
declined
from Dec. 2021 (A$8.12 Mil) to Dec. 2022 (A$5.80 Mil) but then
increased
from Dec. 2022 (A$5.80 Mil) to Dec. 2023 (A$34.80 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. Advance Metals's Enterprise Value for Today is A$7.77 Mil.
Advance Metals Market Cap Historical Data
The historical data trend for Advance Metals'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 Advance Metals's Market Cap
For the Coking Coal subindustry, Advance Metals'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.
Advance Metals's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's Market Cap distribution charts can be found below:
* The bar in red indicates where Advance Metals's Market Cap falls into.
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.
Advance Metals'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.
Advance Metals (ASX:AVM) 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.
Advance Metals Market Cap Related Terms
Thank you for viewing the detailed overview of Advance Metals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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