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). Reach Resources's share price for the quarter that ended in Dec. 2023 was A$0.018333. Reach Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 700.43 Mil. Therefore, Reach Resources's market cap for the quarter that ended in Dec. 2023 was A$12.84 Mil.
Reach Resources's quarterly market cap
increased
from Dec. 2022 (A$9.55 Mil) to Jun. 2023 (A$30.31 Mil) but then
declined
from Jun. 2023 (A$30.31 Mil) to Dec. 2023 (A$12.84 Mil).
Reach Resources's annual market cap
declined
from Jun. 2021 (A$12.43 Mil) to Jun. 2022 (A$5.73 Mil) but then
increased
from Jun. 2022 (A$5.73 Mil) to Jun. 2023 (A$30.31 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. Reach Resources's Enterprise Value for Today is A$9.64 Mil.
Reach Resources Market Cap Historical Data
The historical data trend for Reach 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 Reach Resources's Market Cap
For the Gold subindustry, Reach 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.
Reach Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Reach Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Reach Resources's Market Cap falls into.
Reach 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.
Reach 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.
Reach Resources (ASX:RR1) 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.
Reach Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Reach Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.
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