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). Lucara Diamond's share price for the quarter that ended in Dec. 2023 was C$0.385. Lucara Diamond's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 456.2 Mil. Therefore, Lucara Diamond's market cap for the quarter that ended in Dec. 2023 was C$175.6 Mil.
Lucara Diamond's quarterly market cap
declined
from Jun. 2023 (C$209.1 Mil) to Sep. 2023 (C$177.7 Mil) and
declined
from Sep. 2023 (C$177.7 Mil) to Dec. 2023 (C$175.6 Mil).
Lucara Diamond's annual market cap
declined
from Dec. 2021 (C$267.3 Mil) to Dec. 2022 (C$226.8 Mil) and
declined
from Dec. 2022 (C$226.8 Mil) to Dec. 2023 (C$175.6 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. Lucara Diamond's Enterprise Value for Today is C$326.3 Mil.
Lucara Diamond Market Cap Historical Data
The historical data trend for Lucara Diamond'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 Lucara Diamond's Market Cap
For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.
Lucara Diamond's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Market Cap distribution charts can be found below:
* The bar in red indicates where Lucara Diamond's Market Cap falls into.
Lucara Diamond 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.
Lucara Diamond's Market Cap for the fiscal year that ended in Dec. 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.
Lucara Diamond (TSX:LUC) 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.
Lucara Diamond Market Cap Related Terms
Thank you for viewing the detailed overview of Lucara Diamond's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.
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