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). East Africa Metals's share price for the quarter that ended in Dec. 2023 was C$0.08. East Africa Metals's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 204.28 Mil. Therefore, East Africa Metals's market cap for the quarter that ended in Dec. 2023 was C$16.34 Mil.
East Africa Metals's quarterly market cap
declined
from Jun. 2023 (C$23.49 Mil) to Sep. 2023 (C$19.41 Mil) and
declined
from Sep. 2023 (C$19.41 Mil) to Dec. 2023 (C$16.34 Mil).
East Africa Metals's annual market cap
increased
from Dec. 2019 (C$27.08 Mil) to Dec. 2020 (C$41.08 Mil) and
increased
from Dec. 2020 (C$41.08 Mil) to Dec. 2021 (C$61.28 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. East Africa Metals's Enterprise Value for Today is C$20.07 Mil.
East Africa Metals Market Cap Historical Data
The historical data trend for East Africa Metals'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 East Africa Metals's Market Cap
For the Other Industrial Metals & Mining subindustry, East Africa Metals'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.
East Africa Metals's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, East Africa Metals's Market Cap distribution charts can be found below:
* The bar in red indicates where East Africa Metals's Market Cap falls into.
East Africa Metals 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.
East Africa Metals's Market Cap for the fiscal year that ended in Dec. 2021 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.
East Africa Metals (TSXV:EAM) 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.
East Africa Metals Market Cap Related Terms
Thank you for viewing the detailed overview of East Africa Metals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
East Africa Metals (TSXV:EAM) Business Description
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.
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