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). New Age Metals's share price for the quarter that ended in Jan. 2024 was $0.0275. New Age Metals's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 222.14 Mil. Therefore, New Age Metals's market cap for the quarter that ended in Jan. 2024 was $6.11 Mil.
New Age Metals's quarterly market cap
declined
from Jul. 2023 ($9.37 Mil) to Oct. 2023 ($7.33 Mil) and
declined
from Oct. 2023 ($7.33 Mil) to Jan. 2024 ($6.11 Mil).
New Age Metals's annual market cap
declined
from Apr. 2021 ($25.37 Mil) to Apr. 2022 ($16.41 Mil) and
declined
from Apr. 2022 ($16.41 Mil) to Apr. 2023 ($9.05 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. New Age Metals's Enterprise Value for Today is $4.36 Mil.
New Age Metals Market Cap Historical Data
The historical data trend for New Age 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.
Competitive Comparison of New Age Metals's Market Cap
For the Other Industrial Metals & Mining subindustry, New Age 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.
New Age Metals's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Age Metals's Market Cap distribution charts can be found below:
* The bar in red indicates where New Age Metals's Market Cap falls into.
New Age 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.
New Age Metals's Market Cap for the fiscal year that ended in Apr. 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.
New Age Metals (OTCPK:NMTLF) 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.
New Age Metals Market Cap Related Terms
Thank you for viewing the detailed overview of New Age Metals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
New Age Metals (New Age Metals) Business Description
New Age Metals Inc is a green metal, mineral exploration and development company. The company has two divisions, each engaged in the process of acquiring, exploring and developing Platinum Group Metal (PGM) and Lithium projects. Geographically, it operates in Canada and USA, out of which the majority of its revenue is from Canada. Its project includes the palladium projects in North America - its flagship River Valley PGM Project (near Sudbury, Ontario), Genesis PGM-Cu-Ni Project (Alaska) and seven Lithium projects (Manitoba).
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