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). Rincon Resources's share price for the quarter that ended in Dec. 2023 was A$0.028. Rincon Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 177.66 Mil. Therefore, Rincon Resources's market cap for the quarter that ended in Dec. 2023 was A$4.97 Mil.
Rincon Resources's quarterly market cap
declined
from Dec. 2022 (A$5.64 Mil) to Jun. 2023 (A$3.18 Mil) but then
increased
from Jun. 2023 (A$3.18 Mil) to Dec. 2023 (A$4.97 Mil).
Rincon Resources's annual market cap
declined
from Jun. 2021 (A$13.35 Mil) to Jun. 2022 (A$5.13 Mil) and
declined
from Jun. 2022 (A$5.13 Mil) to Jun. 2023 (A$3.18 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. Rincon Resources's Enterprise Value for Today is A$14.25 Mil.
Rincon Resources Market Cap Historical Data
The historical data trend for Rincon 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.
Competitive Comparison of Rincon Resources's Market Cap
For the Other Precious Metals & Mining subindustry, Rincon 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.
Rincon Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Rincon Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Rincon Resources's Market Cap falls into.
Rincon 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.
Rincon Resources's Market Cap for the fiscal year that ended in Jun. 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.
Rincon Resources (ASX:RCR) 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.
Rincon Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Rincon Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rincon Resources Ltd is engaged in the acquisition, exploration, and development of resource projects in Western Australia with a focus on gold and base metals. Its projects include the South Telfer project, Laverton project, and Kiwirrkurra project. The firm is managed on the basis of the evaluation of its gold and copper exploration tenements in Australia and its corporate activities.
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