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Lara Exploration (TSXV:LRA) Market Cap : C$43.05 Mil (As of May. 29, 2024)


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What is Lara Exploration 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). Lara Exploration's share price for the quarter that ended in Mar. 2024 was C$0.53. Lara Exploration's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 45.80 Mil. Therefore, Lara Exploration's market cap for the quarter that ended in Mar. 2024 was C$24.27 Mil.

Lara Exploration's quarterly market cap declined from Sep. 2023 (C$29.77 Mil) to Dec. 2023 (C$22.90 Mil) but then increased from Dec. 2023 (C$22.90 Mil) to Mar. 2024 (C$24.27 Mil).

Lara Exploration's annual market cap increased from Dec. 2021 (C$21.80 Mil) to Dec. 2022 (C$37.10 Mil) but then declined from Dec. 2022 (C$37.10 Mil) to Dec. 2023 (C$22.90 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. Lara Exploration's Enterprise Value for Today is C$42.68 Mil.


Lara Exploration Market Cap Historical Data

The historical data trend for Lara Exploration'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.

Lara Exploration Market Cap Chart

Lara Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.79 25.76 21.80 37.10 22.90

Lara Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.72 36.18 29.77 22.90 24.27

Competitive Comparison of Lara Exploration's Market Cap

For the Other Industrial Metals & Mining subindustry, Lara 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.


Lara Exploration's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lara Exploration's Market Cap falls into.



Lara 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.

Lara Exploration's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$0.5*45.801
=C$22.90

Lara Exploration's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=C$0.53*45.801
=C$24.27

* 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.


Lara Exploration  (TSXV:LRA) 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.


Lara Exploration Market Cap Related Terms

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Lara Exploration (TSXV:LRA) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Lara Exploration Ltd is engaged in the business of exploration. It operates in a single reportable segment, the acquisition and exploration of mineral properties in South America. It also has exploration and evaluation properties in Brazil, Peru, and Chile. The company projects include the Planalto Copper Project, the Liberdade Copper Project and others.
Executives
Christopher Jones Director

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