Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Market Cap : $6.98 Mil (As of May. 14, 2024)

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What is Labrador Iron Mines Holdings 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). Labrador Iron Mines Holdings's share price for the quarter that ended in Dec. 2023 was $0.062. Labrador Iron Mines Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 162.36 Mil. Therefore, Labrador Iron Mines Holdings's market cap for the quarter that ended in Dec. 2023 was $10.07 Mil.

Labrador Iron Mines Holdings's quarterly market cap increased from Jun. 2023 ($11.37 Mil) to Sep. 2023 ($12.18 Mil) but then declined from Sep. 2023 ($12.18 Mil) to Dec. 2023 ($10.07 Mil).

Labrador Iron Mines Holdings's annual market cap declined from Mar. 2021 ($47.09 Mil) to Mar. 2022 ($21.11 Mil) and declined from Mar. 2022 ($21.11 Mil) to Mar. 2023 ($14.61 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. Labrador Iron Mines Holdings's Enterprise Value for Today is $6.72 Mil.

Labrador Iron Mines Holdings Market Cap Historical Data

The historical data trend for Labrador Iron Mines Holdings'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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Labrador Iron Mines Holdings Market Cap Chart

Labrador Iron Mines Holdings Annual Data

Trend

Mar13

Mar14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Market Cap

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1.62

1.67

47.09

21.11

14.61

Labrador Iron Mines Holdings 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															14.29	14.61	11.37	12.18	10.07

Competitive Comparison of Labrador Iron Mines Holdings's Market Cap

For the Other Industrial Metals & Mining subindustry, Labrador Iron Mines Holdings'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.

Labrador Iron Mines Holdings's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Labrador Iron Mines Holdings's Market Cap falls into.

Labrador Iron Mines Holdings 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.

Labrador Iron Mines Holdings's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )	=	Share Price (A: Mar. 2023 )	*	Shares Outstanding (EOP) (A: Mar. 2023 )
	=	$0.09	*	162.364
	=	$14.61

Labrador Iron Mines Holdings'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 )
	=	$0.062	*	162.364
	=	$10.07

Labrador Iron Mines Holdings (OTCPK:LBRMF) 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.

Labrador Iron Mines Holdings Market Cap Related Terms

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Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Labrador Iron Mines Holdings Ltd (OTCPK:LBRMF) » Definitions » Market Cap

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Traded in Other Exchanges

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Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

http://www.labradorironmines.ca

Labrador Iron Mines Holdings Ltd is a mineral resource company. The company through its subsidiaries is engaged in the business of mining iron ore and the exploration and development of direct shipping iron ore. Its projects include James, Redmond, Knob Lake, Houston and Malcolm, Sawyer Lake, Astray Lake and Kivivic Number 1 and 2.