GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noble Mineral Exploration Inc (OTCPK:NLPXF) » Definitions » Market Cap

Noble Mineral Exploration (Noble Mineral Exploration) Market Cap : $10.88 Mil (As of Apr. 28, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Noble Mineral Exploration 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). Noble Mineral Exploration's share price for the quarter that ended in Nov. 2023 was $0.04086. Noble Mineral Exploration's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 226.60 Mil. Therefore, Noble Mineral Exploration's market cap for the quarter that ended in Nov. 2023 was $9.26 Mil.

Noble Mineral Exploration's quarterly market cap declined from May. 2023 ($7.59 Mil) to Aug. 2023 ($7.50 Mil) but then increased from Aug. 2023 ($7.50 Mil) to Nov. 2023 ($9.26 Mil).

Noble Mineral Exploration's annual market cap declined from Aug. 2021 ($11.73 Mil) to Aug. 2022 ($10.17 Mil) and declined from Aug. 2022 ($10.17 Mil) to Aug. 2023 ($7.50 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. Noble Mineral Exploration's Enterprise Value for Today is $3.40 Mil.


Noble Mineral Exploration Market Cap Historical Data

The historical data trend for Noble Mineral Exploration'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.

Noble Mineral Exploration Market Cap Chart

Noble Mineral Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 7.88 11.73 10.17 7.50

Noble Mineral Exploration Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 10.09 11.69 7.59 7.50 9.26

Competitive Comparison of Noble Mineral Exploration's Market Cap

For the Other Industrial Metals & Mining subindustry, Noble Mineral Exploration'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.


Noble Mineral Exploration's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Noble Mineral Exploration's Market Cap falls into.



Noble Mineral Exploration 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.

Noble Mineral Exploration's Market Cap for the fiscal year that ended in Aug. 2023 is calculated as

Market Cap (A: Aug. 2023 )=Share Price (A: Aug. 2023 )*Shares Outstanding (EOP) (A: Aug. 2023 )
=$0.0331*226.599
=$7.50

Noble Mineral Exploration's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=$0.04086*226.599
=$9.26

* 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.


Noble Mineral Exploration  (OTCPK:NLPXF) 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.


Noble Mineral Exploration Market Cap Related Terms

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


Noble Mineral Exploration (Noble Mineral Exploration) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Noble Mineral Exploration Inc is a Canadian-based junior exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Holdsworth Property, and other projects. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resource.