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Western Mines Group (ASX:WMG) Market Cap : A$26.22 Mil (As of Jun. 22, 2024)


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What is Western Mines Group 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). Western Mines Group's share price for the quarter that ended in Dec. 2023 was A$0.26. Western Mines Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 67.57 Mil. Therefore, Western Mines Group's market cap for the quarter that ended in Dec. 2023 was A$17.57 Mil.

Western Mines Group's quarterly market cap increased from Dec. 2022 (A$7.85 Mil) to Jun. 2023 (A$27.76 Mil) but then declined from Jun. 2023 (A$27.76 Mil) to Dec. 2023 (A$17.57 Mil).

Western Mines Group's annual market cap increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$5.36 Mil) and increased from Jun. 2022 (A$5.36 Mil) to Jun. 2023 (A$27.76 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. Western Mines Group's Enterprise Value for Today is A$24.12 Mil.


Western Mines Group Market Cap Historical Data

The historical data trend for Western Mines Group'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.

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Western Mines Group Market Cap Chart

Western Mines Group Annual Data
Trend Jun21 Jun22 Jun23
Market Cap
- 5.36 27.76

Western Mines Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap 8.26 5.36 7.85 27.76 17.57

Competitive Comparison of Western Mines Group's Market Cap

For the Gold subindustry, Western Mines Group'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.


Western Mines Group's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Mines Group's Market Cap falls into.



Western Mines Group 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.

Western Mines Group'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$0.465*59.7028
=A$27.76

Western Mines Group'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$0.26*67.5666
=A$17.57

* 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.


Western Mines Group  (ASX:WMG) 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.


Western Mines Group Market Cap Related Terms

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Western Mines Group (ASX:WMG) Business Description

Traded in Other Exchanges
N/A
Address
33 Ord Street, Level 3, West Perth, WA, AUS, 6005
Western Mines Group Ltd is a mineral exploration company engaged in the exploration and discovery of high-value gold and nickel sulphide deposits across a portfolio prospective projects located on mineral belts of Western Australia. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project.