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Grit Metals (TSXV:FIN) Market Cap : C$6.63 Mil (As of Apr. 01, 2025)


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What is Grit Metals 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). Grit Metals's share price for the quarter that ended in Nov. 2024 was C$0.165. Grit Metals's Shares Outstanding (EOP) for the quarter that ended in Nov. 2024 was 55.21 Mil. Therefore, Grit Metals's market cap for the quarter that ended in Nov. 2024 was C$9.11 Mil.

Grit Metals's quarterly market cap increased from May. 2024 (C$6.47 Mil) to Aug. 2024 (C$6.74 Mil) and increased from Aug. 2024 (C$6.74 Mil) to Nov. 2024 (C$9.11 Mil).

Grit Metals's annual market cap increased from May. 2022 (C$0.00 Mil) to May. 2023 (C$16.49 Mil) but then declined from May. 2023 (C$16.49 Mil) to May. 2024 (C$6.47 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. Grit Metals's Enterprise Value for Today is C$4.93 Mil.


Grit Metals Market Cap Historical Data

The historical data trend for Grit 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.

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Grit Metals Market Cap Chart

Grit Metals Annual Data
Trend May21 May22 May23 May24
Market Cap
- - 16.49 6.47

Grit Metals Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.60 8.45 6.47 6.74 9.11

Competitive Comparison of Grit Metals's Market Cap

For the Other Industrial Metals & Mining subindustry, Grit 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.


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

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

* The bar in red indicates where Grit Metals's Market Cap falls into.


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Grit 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.

Grit Metals's Market Cap for the fiscal year that ended in May. 2024 is calculated as

Market Cap (A: May. 2024 )=Share Price (A: May. 2024 )*Shares Outstanding (EOP) (A: May. 2024 )
=C$0.175*36.967
=C$6.47

Grit Metals's Market Cap for the quarter that ended in Nov. 2024 is calculated as

Market Cap (Q: Nov. 2024 )=Share Price (Q: Nov. 2024 )*Shares Outstanding (EOP) (Q: Nov. 2024 )
=C$0.165*55.207
=C$9.11

* 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.


Grit Metals  (TSXV:FIN) 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.


Grit Metals Market Cap Related Terms

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Grit Metals Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.
Executives
Luigi Gino Demichele 10% Security Holder, Director
Christos Doulis Director

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