Gold Springs Resource (TSX:GRC) Market Cap : C$19.70 Mil (As of May. 16, 2024)

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What is Gold Springs Resource 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). Gold Springs Resource's share price for the quarter that ended in Sep. 2023 was C$0.095. Gold Springs Resource's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 281.38 Mil. Therefore, Gold Springs Resource's market cap for the quarter that ended in Sep. 2023 was C$26.73 Mil.

Gold Springs Resource's quarterly market cap declined from Mar. 2023 (C$35.32 Mil) to Jun. 2023 (C$20.91 Mil) but then increased from Jun. 2023 (C$20.91 Mil) to Sep. 2023 (C$26.73 Mil).

Gold Springs Resource's annual market cap increased from Dec. 2020 (C$29.88 Mil) to Dec. 2021 (C$60.98 Mil) but then declined from Dec. 2021 (C$60.98 Mil) to Dec. 2022 (C$34.01 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. Gold Springs Resource's Enterprise Value for Today is C$19.33 Mil.

Gold Springs Resource Market Cap Historical Data

The historical data trend for Gold Springs Resource'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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Gold Springs Resource Market Cap Chart

Gold Springs Resource Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Market Cap

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9.18

37.32

29.88

60.98

34.01

Gold Springs Resource Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Market Cap	Get a 7-Day Free Trial															39.03	34.01	35.32	20.91	26.73

Competitive Comparison of Gold Springs Resource's Market Cap

For the Gold subindustry, Gold Springs Resource'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.

Gold Springs Resource's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Springs Resource's Market Cap falls into.

Gold Springs Resource 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.

Gold Springs Resource's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	C$0.13	*	261.631
	=	C$34.01

Gold Springs Resource's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	C$0.095	*	281.38
	=	C$26.73

Gold Springs Resource (TSX:GRC) 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.

Gold Springs Resource Market Cap Related Terms

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Gold Springs Resource (TSX:GRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Springs Resource Corp (TSX:GRC) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

GRCAF:USA SS7A:Germany

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.goldspringsresource.com

Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development.