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). Nevsun Resources's share price for the quarter that ended in Sep. 2018 was $4.43. Nevsun Resources's Shares Outstanding (EOP) for the quarter that ended in Sep. 2018 was 302.6 Mil. Therefore, Nevsun Resources's market cap for the quarter that ended in Sep. 2018 was $1,340.5 Mil.
Nevsun Resources's quarterly market cap
increased
from Mar. 2018 ($719.5 Mil) to Jun. 2018 ($1,050.0 Mil) and
increased
from Jun. 2018 ($1,050.0 Mil) to Sep. 2018 ($1,340.5 Mil).
Nevsun Resources's annual market cap
increased
from Dec. 2015 ($541.4 Mil) to Dec. 2016 ($931.1 Mil) but then
declined
from Dec. 2016 ($931.1 Mil) to Dec. 2017 ($737.4 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. Nevsun Resources's Enterprise Value for Today is $1,350.2 Mil.
Nevsun Resources Market Cap Historical Data
The historical data trend for Nevsun Resources'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 Nevsun Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Nevsun Resources'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.
Nevsun Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nevsun Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Nevsun Resources's Market Cap falls into.
Nevsun Resources 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.
Nevsun Resources's Market Cap for the fiscal year that ended in Dec. 2017 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.
Nevsun Resources (AMEX:NSU) 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.
Nevsun Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Nevsun Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nevsun Resources (Nevsun Resources) Business Description
Nevsun Resources Ltd is involved in acquisition, exploration, development and operation of mineral property interests. The company primarily engages in copper and zinc production at Bisha, a large, high-grade volcanogenic massive sulphide deposit located 150km west of Asmara, Eritrea, East Africa. The company generates revenue through the sale of copper and zinc concentrates which contain gold and silver by-products. Bisha is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run of mine stock pile. Nevsun Resources also operates a high-grade copper and gold Timok project, a high-grade deposit located in the Bor mining district, in Serbia.
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