GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden State Mining Ltd (ASX:GSM) » Definitions » Market Cap

Golden State Mining (ASX:GSM) Market Cap : A$3.07 Mil (As of Jun. 06, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Golden State Mining 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). Golden State Mining's share price for the quarter that ended in Dec. 2023 was A$0.015. Golden State Mining's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 279.37 Mil. Therefore, Golden State Mining's market cap for the quarter that ended in Dec. 2023 was A$4.19 Mil.

Golden State Mining's quarterly market cap increased from Dec. 2022 (A$5.03 Mil) to Jun. 2023 (A$6.49 Mil) but then declined from Jun. 2023 (A$6.49 Mil) to Dec. 2023 (A$4.19 Mil).

Golden State Mining's annual market cap declined from Jun. 2021 (A$11.58 Mil) to Jun. 2022 (A$4.66 Mil) but then increased from Jun. 2022 (A$4.66 Mil) to Jun. 2023 (A$6.49 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. Golden State Mining's Enterprise Value for Today is A$0.54 Mil.


Golden State Mining Market Cap Historical Data

The historical data trend for Golden State Mining'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.

Golden State Mining Market Cap Chart

Golden State Mining Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
2.90 26.63 11.58 4.66 6.49

Golden State Mining Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.81 4.66 5.03 6.49 4.19

Competitive Comparison of Golden State Mining's Market Cap

For the Gold subindustry, Golden State Mining'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.


Golden State Mining's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden State Mining's Market Cap falls into.



Golden State Mining 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.

Golden State Mining's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=A$0.045*144.264
=A$6.49

Golden State Mining's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=A$0.015*279.371
=A$4.19

* 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.


Golden State Mining  (ASX:GSM) 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.


Golden State Mining Market Cap Related Terms

Thank you for viewing the detailed overview of Golden State Mining's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden State Mining (ASX:GSM) Business Description

Traded in Other Exchanges
N/A
Address
19-21 Outram Street, Suite 15, West Perth, Perth, WA, AUS, 6005
Golden State Mining Ltd is a resources exploration company. It is mainly engaged in the acquisition and exploration of assets in Western Australia. The firm is occupied in the exploration of the Murchison Project, Yule Project, Four Mile Well Project, Paynes Find Lithium Project, Southern Cross Gold Project, Yamarna Nickel Project, Ashburton Base Metals Project in Western Australia.