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Horizon Minerals (ASX:HRZ) Market Cap : A$58.62 Mil (As of Dec. 15, 2024)


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What is Horizon Minerals 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). Horizon Minerals's share price for the quarter that ended in Dec. 2023 was A$0.042. Horizon Minerals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 700.98 Mil. Therefore, Horizon Minerals's market cap for the quarter that ended in Dec. 2023 was A$29.44 Mil.

Horizon Minerals's quarterly market cap declined from Dec. 2022 (A$37.99 Mil) to Jun. 2023 (A$27.88 Mil) but then increased from Jun. 2023 (A$27.88 Mil) to Dec. 2023 (A$29.44 Mil).

Horizon Minerals's annual market cap declined from Jun. 2021 (A$69.58 Mil) to Jun. 2022 (A$41.03 Mil) and declined from Jun. 2022 (A$41.03 Mil) to Jun. 2023 (A$27.88 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. Horizon Minerals's Enterprise Value for Today is A$62.55 Mil.


Horizon Minerals Market Cap Historical Data

The historical data trend for Horizon Minerals'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.

Horizon Minerals Market Cap Chart

Horizon Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.83 69.58 41.03 27.88 39.15

Horizon Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.03 37.99 27.88 29.44 39.15

Competitive Comparison of Horizon Minerals's Market Cap

For the Gold subindustry, Horizon Minerals'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.


Horizon Minerals's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Horizon Minerals's Market Cap falls into.



Horizon Minerals 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.

Horizon Minerals'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$0.04*696.984
=A$27.88

Horizon Minerals'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$0.042*700.984
=A$29.44

* 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.


Horizon Minerals  (ASX:HRZ) 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.


Horizon Minerals Market Cap Related Terms

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Horizon Minerals Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Level 2, West Perth, WA, AUS, 6005
Horizon Minerals Ltd is an emerging mid-tier gold producer with an portfolio of gold projects located in the Western Australian goldfields. The Company is actively exploring for new discoveries in Western Australian Goldfields for gold and other commodities including Nickel-Cobalt, Silver-Zinc, PGEs and Lithium across its extensive land holdings. Its projects include Boorara Gold Project, Kalgoorlie region project, induli-Teal project area, Nimbus Silver Zinc Project, etc.

Horizon Minerals Headlines

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