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). Ivanhoe Electric's share price for the quarter that ended in Sep. 2024 was $8.46. Ivanhoe Electric's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 120.44 Mil. Therefore, Ivanhoe Electric's market cap for the quarter that ended in Sep. 2024 was $1,018.95 Mil.
Ivanhoe Electric's quarterly market cap
declined
from Mar. 2024 ($1,179.00 Mil) to Jun. 2024 ($1,129.25 Mil) and
declined
from Jun. 2024 ($1,129.25 Mil) to Sep. 2024 ($1,018.95 Mil).
Ivanhoe Electric's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1,129.95 Mil) and
increased
from Dec. 2022 ($1,129.95 Mil) to Dec. 2023 ($1,209.85 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. Ivanhoe Electric's Enterprise Value for Today is $1,006.02 Mil.
Ivanhoe Electric Market Cap Historical Data
The historical data trend for Ivanhoe Electric'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 Ivanhoe Electric's Market Cap
For the Copper subindustry, Ivanhoe Electric'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.
Ivanhoe Electric's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ivanhoe Electric's Market Cap distribution charts can be found below:
* The bar in red indicates where Ivanhoe Electric's Market Cap falls into.
Ivanhoe Electric 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.
Ivanhoe Electric'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.
Ivanhoe Electric (AMEX:IE) 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.
Ivanhoe Electric Market Cap Related Terms
Thank you for viewing the detailed overview of Ivanhoe Electric's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ivanhoe Electric Inc is a United States-based minerals exploration and development company with a focus on developing mines from mineral deposits located in the United States. The company has three reportable segments; Critical metals segment is focused on mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas and water exploration industries, and The energy storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. It derives a majority of its revenue from Canada.
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