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PolyMet Mining (TSX:POM) Market Cap : C$556.16 Mil (As of May. 24, 2024)


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What is PolyMet Mining 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). PolyMet Mining's share price for the quarter that ended in Jun. 2023 was C$1.04. PolyMet Mining's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 194.46 Mil. Therefore, PolyMet Mining's market cap for the quarter that ended in Jun. 2023 was C$202.24 Mil.

PolyMet Mining's quarterly market cap declined from Dec. 2022 (C$367.33 Mil) to Mar. 2023 (C$318.85 Mil) and declined from Mar. 2023 (C$318.85 Mil) to Jun. 2023 (C$202.24 Mil).

PolyMet Mining's annual market cap declined from Dec. 2020 (C$429.13 Mil) to Dec. 2021 (C$319.79 Mil) but then increased from Dec. 2021 (C$319.79 Mil) to Dec. 2022 (C$367.33 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. PolyMet Mining's Enterprise Value for Today is C$537.10 Mil.


PolyMet Mining Market Cap Historical Data

The historical data trend for PolyMet Mining'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.

* Premium members only.

PolyMet Mining Market Cap Chart

PolyMet Mining Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 356.52 341.78 429.13 319.79 367.33

PolyMet Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 355.15 406.90 367.33 318.85 202.24

Competitive Comparison of PolyMet Mining's Market Cap

For the Other Industrial Metals & Mining subindustry, PolyMet Mining'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.


PolyMet Mining's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where PolyMet Mining's Market Cap falls into.



PolyMet Mining 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.

PolyMet Mining'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$3.34116*109.941
=C$367.33

PolyMet Mining's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=C$1.04*194.46
=C$202.24

* 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.


PolyMet Mining  (TSX:POM) 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 company’s 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.


PolyMet Mining Market Cap Related Terms

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PolyMet Mining (TSX:POM) Business Description

Traded in Other Exchanges
N/A
Address
444 Cedar Street, Suite 2060, St. Paul, MN, USA, 55101
PolyMet Mining Corp is engaged in the exploration and development of natural resource properties. The company's primary mineral property is the NorthMet Project, which is a polymetallic project in northeastern Minnesota, USA. The NorthMet Project comprises two key elements: the NorthMet deposit (or Mine Site) and the Erie Plant. The company ultimately plans to produce metals such as copper, nickel, cobalt, gold, silver, and platinum.