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Magmatic Resources (ASX:MAG) Market Cap : A$15.01 Mil (As of Dec. 14, 2024)


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What is Magmatic 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). Magmatic Resources's share price for the quarter that ended in Dec. 2023 was A$0.049. Magmatic Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 305.69 Mil. Therefore, Magmatic Resources's market cap for the quarter that ended in Dec. 2023 was A$14.98 Mil.

Magmatic Resources's quarterly market cap increased from Dec. 2022 (A$27.50 Mil) to Jun. 2023 (A$27.51 Mil) but then declined from Jun. 2023 (A$27.51 Mil) to Dec. 2023 (A$14.98 Mil).

Magmatic Resources's annual market cap increased from Jun. 2022 (A$13.23 Mil) to Jun. 2023 (A$27.51 Mil) but then declined from Jun. 2023 (A$27.51 Mil) to Jun. 2024 (A$24.61 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. Magmatic Resources's Enterprise Value for Today is A$9.26 Mil.


Magmatic Resources Market Cap Historical Data

The historical data trend for Magmatic 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.

Magmatic Resources Market Cap Chart

Magmatic Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Market Cap
Get a 7-Day Free Trial 39.10 27.46 13.23 27.51 24.61

Magmatic Resources Semi-Annual Data
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 13.23 27.50 27.51 14.98 24.61

Competitive Comparison of Magmatic Resources's Market Cap

For the Gold subindustry, Magmatic 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.


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

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

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



Magmatic 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.

Magmatic Resources's Market Cap for the fiscal year that ended in Jun. 2024 is calculated as

Market Cap (A: Jun. 2024 )=Share Price (A: Jun. 2024 )*Shares Outstanding (EOP) (A: Jun. 2024 )
=A$0.059*417.051
=A$24.61

Magmatic Resources'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$0.049*305.693
=A$14.98

* 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.


Magmatic Resources  (ASX:MAG) 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.


Magmatic Resources Market Cap Related Terms

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Magmatic Resources Business Description

Traded in Other Exchanges
N/A
Address
14 Edward Street, Orange, WA, AUS, 2800
Magmatic Resources Ltd is an Australian focused mineral exploration company. The projects include Wellington North Gold and Copper-Gold Project, Parkes Project, Myall Gold-Copper Project and Base Metals Project It operates in one segment being gold exploration projects in Australia.