GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Renforth Resources Inc (OTCPK:RFHRF) » Definitions » Market Cap

Renforth Resources (Renforth Resources) Market Cap : $3.74 Mil (As of May. 01, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Renforth Resources 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). Renforth Resources's share price for the quarter that ended in Dec. 2023 was $0.0144. Renforth Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 340.74 Mil. Therefore, Renforth Resources's market cap for the quarter that ended in Dec. 2023 was $4.91 Mil.

Renforth Resources's quarterly market cap increased from Jun. 2023 ($6.32 Mil) to Sep. 2023 ($7.40 Mil) but then declined from Sep. 2023 ($7.40 Mil) to Dec. 2023 ($4.91 Mil).

Renforth Resources's annual market cap declined from Dec. 2021 ($16.28 Mil) to Dec. 2022 ($6.71 Mil) and declined from Dec. 2022 ($6.71 Mil) to Dec. 2023 ($4.91 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. Renforth Resources's Enterprise Value for Today is $3.48 Mil.


Renforth Resources Market Cap Historical Data

The historical data trend for Renforth 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.

* Premium members only.

Renforth Resources Market Cap Chart

Renforth Resources 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 6.17 8.94 16.28 6.71 4.91

Renforth Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.71 7.41 6.32 7.40 4.91

Competitive Comparison of Renforth Resources's Market Cap

For the Gold subindustry, Renforth 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.


Renforth Resources's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Renforth Resources's Market Cap falls into.



Renforth 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.

Renforth Resources'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 )
=$0.0144*340.736
=$4.91

Renforth Resources's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$0.0144*340.736
=$4.91

* 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.


Renforth Resources  (OTCPK:RFHRF) 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.


Renforth Resources Market Cap Related Terms

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


Renforth Resources (Renforth Resources) Business Description

Traded in Other Exchanges
Address
955 Brock Road, Unit 1B, Pickering, ON, CAN, L1W 2X9
Renforth Resources Inc is a mineral exploration company primarily engaged in the acquisition, exploration, and development of mineral properties in Canada. It explores gold and it holds an interest in properties such as Parbec Gold Project, Malartic West, Nixon Bartleman Property and Bousquet property.