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). Red Metal Resources's share price for the quarter that ended in Oct. 2023 was $0.03. Red Metal Resources's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 54.87 Mil. Therefore, Red Metal Resources's market cap for the quarter that ended in Oct. 2023 was $1.65 Mil.
Red Metal Resources's quarterly market cap
declined
from Apr. 2023 ($2.47 Mil) to Jul. 2023 ($0.82 Mil) but then
increased
from Jul. 2023 ($0.82 Mil) to Oct. 2023 ($1.65 Mil).
Red Metal Resources's annual market cap
increased
from Jan. 2021 ($6.80 Mil) to Jan. 2022 ($10.31 Mil) but then
declined
from Jan. 2022 ($10.31 Mil) to Jan. 2023 ($2.26 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. Red Metal Resources's Enterprise Value for Today is $2.62 Mil.
Red Metal Resources Market Cap Historical Data
The historical data trend for Red Metal 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 Red Metal Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Red Metal 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.
Red Metal Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Metal Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Red Metal Resources's Market Cap falls into.
Red Metal 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.
Red Metal Resources's Market Cap for the fiscal year that ended in Jan. 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.
Red Metal Resources (OTCPK:RMESF) 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.
Red Metal Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Red Metal Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Red Metal Resources (Red Metal Resources) Business Description
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects both located on the Carrizal Property, and the Mateo Project located on the Mateo Property.
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