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). Eros Resources's share price for the quarter that ended in Mar. 2024 was C$0.045. Eros Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 97.89 Mil. Therefore, Eros Resources's market cap for the quarter that ended in Mar. 2024 was C$4.41 Mil.
Eros Resources's quarterly market cap
stayed the same
from Sep. 2023 (C$3.92 Mil) to Dec. 2023 (C$3.92 Mil) but then
increased
from Dec. 2023 (C$3.92 Mil) to Mar. 2024 (C$4.41 Mil).
Eros Resources's annual market cap
declined
from Dec. 2021 (C$9.79 Mil) to Dec. 2022 (C$5.38 Mil) and
declined
from Dec. 2022 (C$5.38 Mil) to Dec. 2023 (C$3.92 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. Eros Resources's Enterprise Value for Today is C$3.83 Mil.
Eros Resources Market Cap Historical Data
The historical data trend for Eros Resources'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 Eros Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Eros Resources'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.
Eros Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eros Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Eros Resources's Market Cap falls into.
Eros Resources 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.
Eros Resources'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.
Eros Resources (TSXV:ERC) 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.
Eros Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Eros Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Eros Resources Corp is engaged in the acquisition, exploration, and development of mineral resource properties in North America. It operates in the business segments of the Exploration and development of mineral and oil and gas resource properties and investing in marketable securities with a focus on commodities, with operations and long-term assets in the United States and Canada. Some of its projects are the Bell Mountain property and the Eastgate property, among others.
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