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). Spearmint Resources's share price for the quarter that ended in Oct. 2023 was $0.02. Spearmint Resources's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 265.00 Mil. Therefore, Spearmint Resources's market cap for the quarter that ended in Oct. 2023 was $5.30 Mil.
Spearmint Resources's quarterly market cap
increased
from Apr. 2023 ($8.69 Mil) to Jul. 2023 ($11.00 Mil) but then
declined
from Jul. 2023 ($11.00 Mil) to Oct. 2023 ($5.30 Mil).
Spearmint Resources's annual market cap
increased
from Jan. 2021 ($22.89 Mil) to Jan. 2022 ($30.11 Mil) but then
declined
from Jan. 2022 ($30.11 Mil) to Jan. 2023 ($9.87 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. Spearmint Resources's Enterprise Value for Today is $3.48 Mil.
Spearmint Resources Market Cap Historical Data
The historical data trend for Spearmint 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 Spearmint Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Spearmint 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.
Spearmint Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Spearmint Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Spearmint Resources's Market Cap falls into.
Spearmint 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.
Spearmint 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.
Spearmint Resources (OTCPK:SPMTF) 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.
Spearmint Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Spearmint Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Spearmint Resources (Spearmint Resources) Business Description
Spearmint Resources Inc is an exploration stage public company. Its business activities include acquiring and exploring exploration and evaluation assets. Geographically, the group has a business presence in Canada and the United States. Some of the company's projects are Chibougamau Vanadium Prospects, EL North Nickel-Copper Prospects, NEBA Copper-Gold Prospects, QC Chibougamau Vanadium Prospects - Staking, QC Perron-East Gold Prospects - Staking, Nevada Elon and McGee Properties, Nevada Green Clay Lithium Project, NL Goose Gold Property, ON Escape Lake North PGM Project, BC EL North Nickel-Copper Prospects, BC NEBA Copper-Gold Prospects, BC Safari Copper-Gold Property and BC Hammernose Gold Property.
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