Goldflare Exploration's quarterly market cap
declined
from May. 2023 (C$8.72 Mil) to Aug. 2023 (C$4.04 Mil) and
declined
from Aug. 2023 (C$4.04 Mil) to Nov. 2023 (C$2.74 Mil).
Goldflare Exploration's annual market cap
increased
from Feb. 2021 (C$3.50 Mil) to Feb. 2022 (C$6.81 Mil) but then
declined
from Feb. 2022 (C$6.81 Mil) to Feb. 2023 (C$3.87 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. Goldflare Exploration's Enterprise Value for Today is C$1.56 Mil.
* 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 Goldflare Exploration's Market Cap
For the Gold subindustry, Goldflare Exploration'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.
Goldflare Exploration's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Goldflare Exploration's Market Cap distribution charts can be found below:
* The bar in red indicates where Goldflare Exploration's Market Cap falls into.
Goldflare Exploration 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.
Goldflare Exploration's Market Cap for the fiscal year that ended in Feb. 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.
Goldflare Exploration (TSXV:GOFL) 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.
Goldflare Exploration Market Cap Related Terms
Thank you for viewing the detailed overview of Goldflare Exploration's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Goldflare Exploration (TSXV:GOFL) Business Description
Goldflare Exploration Inc is a mineral exploration company that owns a diversified portfolio of properties. The company is the sole owner of the Aiguebelle-Goldfields, Ranger, Windfall, and Syenite Condor Properties; and it holds 50% of the Destorbelle Property. All of its properties are located in Quebec.
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