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New Gold (FRA:32N) Market Cap : €1,165.0 Mil (As of Apr. 27, 2024)


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What is New Gold 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). New Gold's share price for the quarter that ended in Dec. 2023 was €1.32. New Gold's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 687.0 Mil. Therefore, New Gold's market cap for the quarter that ended in Dec. 2023 was €906.8 Mil.

New Gold's quarterly market cap declined from Jun. 2023 (€656.9 Mil) to Sep. 2023 (€598.9 Mil) but then increased from Sep. 2023 (€598.9 Mil) to Dec. 2023 (€906.8 Mil).

New Gold's annual market cap declined from Dec. 2021 (€873.2 Mil) to Dec. 2022 (€647.8 Mil) but then increased from Dec. 2022 (€647.8 Mil) to Dec. 2023 (€906.8 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. New Gold's Enterprise Value for Today is €1,357.1 Mil.


New Gold Market Cap Historical Data

The historical data trend for New 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.

* Premium members only.

New Gold Market Cap Chart

New Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 534.01 1,182.41 873.23 647.75 906.85

New Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 647.75 689.63 656.90 598.94 906.85

Competitive Comparison of New Gold's Market Cap

For the Gold subindustry, New 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.


New Gold's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Gold's Market Cap falls into.



New 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.

New Gold's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€1.32*687.006
=€906.8

New Gold'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 )
=€1.32*687.006
=€906.8

* 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.


New Gold  (FRA:32N) 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.


New Gold Market Cap Related Terms

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New Gold (FRA:32N) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.

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