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). TRX Gold's share price for the quarter that ended in Nov. 2023 was $0.3978. TRX Gold's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 279.09 Mil. Therefore, TRX Gold's market cap for the quarter that ended in Nov. 2023 was $111.02 Mil.
TRX Gold's quarterly market cap
declined
from May. 2023 ($126.02 Mil) to Aug. 2023 ($108.72 Mil) but then
increased
from Aug. 2023 ($108.72 Mil) to Nov. 2023 ($111.02 Mil).
TRX Gold's annual market cap
increased
from Aug. 2021 ($105.72 Mil) to Aug. 2022 ($132.96 Mil) but then
declined
from Aug. 2022 ($132.96 Mil) to Aug. 2023 ($108.72 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. TRX Gold's Enterprise Value for Today is $120.54 Mil.
TRX Gold Market Cap Historical Data
The historical data trend for TRX Gold'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.
For the Gold subindustry, TRX Gold'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.
TRX Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where TRX Gold's Market Cap falls into.
TRX Gold 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.
TRX Gold's Market Cap for the fiscal year that ended in Aug. 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.
TRX Gold (AMEX:TRX) 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.
TRX Gold Market Cap Related Terms
Thank you for viewing the detailed overview of TRX Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
TRX Gold Corp, formerly Tanzanian Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, Kigosi project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.
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