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Millennial Potash (TSXV:MLP) Market Cap : C$13.26 Mil (As of Apr. 27, 2024)


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What is Millennial Potash 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). Millennial Potash's share price for the quarter that ended in Nov. 2023 was C$0.18. Millennial Potash's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 51.92 Mil. Therefore, Millennial Potash's market cap for the quarter that ended in Nov. 2023 was C$9.35 Mil.

Millennial Potash's quarterly market cap declined from May. 2023 (C$18.97 Mil) to Aug. 2023 (C$10.90 Mil) and declined from Aug. 2023 (C$10.90 Mil) to Nov. 2023 (C$9.35 Mil).

Millennial Potash's annual market cap declined from Aug. 2021 (C$12.49 Mil) to Aug. 2022 (C$11.11 Mil) and declined from Aug. 2022 (C$11.11 Mil) to Aug. 2023 (C$10.90 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. Millennial Potash's Enterprise Value for Today is C$12.75 Mil.


Millennial Potash Market Cap Historical Data

The historical data trend for Millennial Potash'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.

Millennial Potash Market Cap Chart

Millennial Potash Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Market Cap
- - 12.49 11.11 10.90

Millennial Potash Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 13.99 20.35 18.97 10.90 9.35

Competitive Comparison of Millennial Potash's Market Cap

For the Other Industrial Metals & Mining subindustry, Millennial Potash'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.


Millennial Potash's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Millennial Potash's Market Cap falls into.



Millennial Potash 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.

Millennial Potash's Market Cap for the fiscal year that ended in Aug. 2023 is calculated as

Market Cap (A: Aug. 2023 )=Share Price (A: Aug. 2023 )*Shares Outstanding (EOP) (A: Aug. 2023 )
=C$0.21*51.918
=C$10.90

Millennial Potash's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=C$0.18*51.918
=C$9.35

* 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.


Millennial Potash  (TSXV:MLP) 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.


Millennial Potash Market Cap Related Terms

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Millennial Potash (TSXV:MLP) Business Description

Traded in Other Exchanges
Address
300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3
Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.

Millennial Potash (TSXV:MLP) Headlines

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