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Red Metal (ASX:RDM) Market Cap : A$37.46 Mil (As of Sep. 22, 2024)


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What is Red Metal 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). Red Metal's share price for the quarter that ended in Dec. 2023 was A$0.094. Red Metal's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 298.32 Mil. Therefore, Red Metal's market cap for the quarter that ended in Dec. 2023 was A$28.04 Mil.

Red Metal's quarterly market cap declined from Dec. 2022 (A$19.65 Mil) to Jun. 2023 (A$16.21 Mil) but then increased from Jun. 2023 (A$16.21 Mil) to Dec. 2023 (A$28.04 Mil).

Red Metal's annual market cap declined from Jun. 2021 (A$33.15 Mil) to Jun. 2022 (A$19.65 Mil) and declined from Jun. 2022 (A$19.65 Mil) to Jun. 2023 (A$16.21 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. Red Metal's Enterprise Value for Today is A$32.51 Mil.


Red Metal Market Cap Historical Data

The historical data trend for Red Metal'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.

Red Metal Market Cap Chart

Red Metal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.89 19.53 33.15 19.65 16.21

Red Metal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 25.79 19.65 19.65 16.21 28.04

Competitive Comparison of Red Metal's Market Cap

For the Other Industrial Metals & Mining subindustry, Red Metal'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.


Red Metal's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Metal's Market Cap falls into.



Red Metal 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.

Red Metal'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$0.065541*247.309
=A$16.21

Red Metal'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$0.094*298.323
=A$28.04

* 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.


Red Metal  (ASX:RDM) 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.


Red Metal Market Cap Related Terms

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Red Metal Business Description

Traded in Other Exchanges
N/A
Address
323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000
Red Metal Ltd is a minerals exploration company. It explores for copper, nickel, uranium, zircon-titanium, silver, zinc, gold, and potash deposits. It owns projects including Punt Hill, and Pernatty Lagoon Project, Pardoo Nickel-Copper-PGE, Corkwood Project, Maronan Project and among others. It operates in the mining industry in Australia.

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