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). Kinross Gold's share price for the quarter that ended in Sep. 2024 was ARS11500. Kinross Gold's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 1,229 Mil. Therefore, Kinross Gold's market cap for the quarter that ended in Sep. 2024 was ARS14,134,075 Mil.
Kinross Gold's quarterly market cap
increased
from Mar. 2024 (ARS7,796,649 Mil) to Jun. 2024 (ARS13,795,862 Mil) and
increased
from Jun. 2024 (ARS13,795,862 Mil) to Sep. 2024 (ARS14,134,075 Mil).
Kinross Gold's annual market cap
increased
from Dec. 2021 (ARS1,430,980 Mil) to Dec. 2022 (ARS1,697,205 Mil) and
increased
from Dec. 2022 (ARS1,697,205 Mil) to Dec. 2023 (ARS7,108,580 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. Kinross Gold's Enterprise Value for Today is ARS13,482,707 Mil.
Kinross Gold Market Cap Historical Data
The historical data trend for Kinross Gold'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 Kinross Gold's Market Cap
For the Gold subindustry, Kinross Gold'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.
Kinross Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kinross Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Kinross Gold's Market Cap falls into.
Kinross Gold 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.
Kinross Gold's Market Cap for the fiscal year that ended in Dec. 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.
Kinross Gold (BUE:KGC) 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.
Kinross Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Kinross Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.
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