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Grounded Lithium (Grounded Lithium) Market Cap : $2.29 Mil (As of Jun. 09, 2024)


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What is Grounded Lithium 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). Grounded Lithium's share price for the quarter that ended in Mar. 2024 was $0.0323. Grounded Lithium's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 78.28 Mil. Therefore, Grounded Lithium's market cap for the quarter that ended in Mar. 2024 was $2.53 Mil.

Grounded Lithium's quarterly market cap declined from Sep. 2023 ($6.96 Mil) to Dec. 2023 ($4.90 Mil) and declined from Dec. 2023 ($4.90 Mil) to Mar. 2024 ($2.53 Mil).

Grounded Lithium's annual market cap increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($16.49 Mil) but then declined from Dec. 2022 ($16.49 Mil) to Dec. 2023 ($4.90 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. Grounded Lithium's Enterprise Value for Today is $1.90 Mil.


Grounded Lithium Market Cap Historical Data

The historical data trend for Grounded Lithium'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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Grounded Lithium Market Cap Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- 16.49 4.90

Grounded Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.08 8.37 6.96 4.90 2.53

Competitive Comparison of Grounded Lithium's Market Cap

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.


Grounded Lithium's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Grounded Lithium's Market Cap falls into.



Grounded Lithium 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.

Grounded Lithium'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 )
=$0.064*76.6139
=$4.90

Grounded Lithium's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.0323*78.2792
=$2.53

* 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.


Grounded Lithium  (OTCPK:GRDAF) 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.


Grounded Lithium Market Cap Related Terms

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Grounded Lithium (Grounded Lithium) Business Description

Traded in Other Exchanges
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.