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MSMGF (Grid Metals) Market Cap : $6.47 Mil (As of Dec. 14, 2024)


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What is Grid Metals 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). Grid Metals's share price for the quarter that ended in Sep. 2024 was $0.02625. Grid Metals's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 204.40 Mil. Therefore, Grid Metals's market cap for the quarter that ended in Sep. 2024 was $5.37 Mil.

Grid Metals's quarterly market cap declined from Mar. 2024 ($9.15 Mil) to Jun. 2024 ($8.38 Mil) and declined from Jun. 2024 ($8.38 Mil) to Sep. 2024 ($5.37 Mil).

Grid Metals's annual market cap increased from Dec. 2021 ($7.37 Mil) to Dec. 2022 ($19.84 Mil) but then declined from Dec. 2022 ($19.84 Mil) to Dec. 2023 ($14.35 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. Grid Metals's Enterprise Value for Today is $5.89 Mil.


Grid Metals Market Cap Historical Data

The historical data trend for Grid Metals'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.

Grid Metals Market Cap Chart

Grid Metals 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 3.24 10.59 7.37 19.84 14.35

Grid Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.61 14.35 9.15 8.38 5.37

Competitive Comparison of Grid Metals's Market Cap

For the Other Industrial Metals & Mining subindustry, Grid Metals'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.


Grid Metals's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Grid Metals's Market Cap falls into.



Grid Metals 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.

Grid Metals'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 )
=$0.0704*203.876
=$14.35

Grid Metals's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$0.02625*204.401
=$5.37

* 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.


Grid Metals  (OTCPK:MSMGF) 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.


Grid Metals Market Cap Related Terms

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Grid Metals Business Description

Traded in Other Exchanges
Address
3335 Yonge Street, Suite 304, Toronto, ON, CAN, M5N 2M1
Grid Metals Corp is an exploration and development company focused on both lithium and copper/nickel projects in the Bird River area, approximately 150 km northeast of Winnipeg Manitoba.. The company has a diversified portfolio of properties where it is actively exploring for Nickel-Copper, palladium, and lithium.