Sarama Resources (Sarama Resources) Market Cap : $2.70 Mil (As of May. 22, 2024)

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What is Sarama 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). Sarama Resources's share price for the quarter that ended in Dec. 2023 was $0.0114. Sarama Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 181.42 Mil. Therefore, Sarama Resources's market cap for the quarter that ended in Dec. 2023 was $2.07 Mil.

Sarama Resources's quarterly market cap declined from Jun. 2023 ($9.40 Mil) to Sep. 2023 ($2.92 Mil) and declined from Sep. 2023 ($2.92 Mil) to Dec. 2023 ($2.07 Mil).

Sarama Resources's annual market cap increased from Dec. 2021 ($10.98 Mil) to Dec. 2022 ($11.21 Mil) but then declined from Dec. 2022 ($11.21 Mil) to Dec. 2023 ($2.07 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. Sarama Resources's Enterprise Value for Today is $2.23 Mil.

Sarama Resources Market Cap Historical Data

The historical data trend for Sarama 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.

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Sarama Resources Market Cap Chart

Sarama Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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15.04

21.44

10.98

11.21

2.07

Sarama 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															11.21	1.52	9.40	2.92	2.07

Competitive Comparison of Sarama Resources's Market Cap

For the Gold subindustry, Sarama 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.

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

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

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

Sarama 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.

Sarama 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 )
	=	$0.0114	*	181.422
	=	$2.07

Sarama 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 )
	=	$0.0114	*	181.422
	=	$2.07

Sarama Resources (OTCPK:SRMMF) 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.

Sarama Resources Market Cap Related Terms

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Sarama Resources (Sarama Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarama Resources Ltd (OTCPK:SRMMF) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

SWA:Canada SRR:Australia

Address

245 Churchill Avenue, Suit 8, Subiaco, Perth, WA, AUS, 6008

Website

https://www.saramaresources.com

Sarama Resources Ltd is an exploration and development stage company with gold projects in Burkina Faso, West Africa. The company's key project is the 100%-owned Sanutura Project which hosts a multi-million-ounce mineral resource. It has additional exposure to exploration success through its 100% interest in the nearby Koumandara Project where early-stage exploration has defined several corridors of gold anomalism that extend up to 40km in length. It has one business segment, being the acquisition, exploration and potential development of mineral properties.