GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Majestic Gold Corp (OTCPK:MJGCF) » Definitions » Market Cap

Majestic Gold (Majestic Gold) Market Cap : $45.77 Mil (As of Jun. 10, 2024)


View and export this data going back to . Start your Free Trial

What is Majestic 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). Majestic Gold's share price for the quarter that ended in Mar. 2024 was $0.0469. Majestic Gold's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,042.66 Mil. Therefore, Majestic Gold's market cap for the quarter that ended in Mar. 2024 was $48.90 Mil.

Majestic Gold's quarterly market cap declined from Sep. 2023 ($61.31 Mil) to Dec. 2023 ($57.61 Mil) and declined from Dec. 2023 ($57.61 Mil) to Mar. 2024 ($48.90 Mil).

Majestic Gold's annual market cap increased from Dec. 2021 ($46.91 Mil) to Dec. 2022 ($72.57 Mil) but then declined from Dec. 2022 ($72.57 Mil) to Dec. 2023 ($57.61 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. Majestic Gold's Enterprise Value for Today is $4.74 Mil.


Majestic Gold Market Cap Historical Data

The historical data trend for Majestic 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.

Majestic Gold Market Cap Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.82 46.67 46.91 72.57 57.61

Majestic Gold Quarterly Data
Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.13 65.58 61.31 57.61 48.90

Competitive Comparison of Majestic Gold's Market Cap

For the Gold subindustry, Majestic 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.


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

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

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



Majestic 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.

Majestic 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 )
=$0.05525*1042.66
=$57.61

Majestic Gold'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 )
=$0.0469*1042.66
=$48.90

* 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.


Majestic Gold  (OTCPK:MJGCF) 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.


Majestic Gold Market Cap Related Terms

Thank you for viewing the detailed overview of Majestic Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Majestic Gold (Majestic Gold) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.