New Target Mining (TSXV:NEW.H) Market Cap : C$0.84 Mil (As of Jun. 14, 2024)

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What is New Target Mining 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). New Target Mining's share price for the quarter that ended in Jan. 2024 was C$0.1. New Target Mining's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 11.99 Mil. Therefore, New Target Mining's market cap for the quarter that ended in Jan. 2024 was C$1.20 Mil.

New Target Mining's quarterly market cap declined from Jul. 2023 (C$1.44 Mil) to Oct. 2023 (C$0.96 Mil) but then increased from Oct. 2023 (C$0.96 Mil) to Jan. 2024 (C$1.20 Mil).

New Target Mining's annual market cap declined from Oct. 2021 (C$1.77 Mil) to Oct. 2022 (C$1.32 Mil) and declined from Oct. 2022 (C$1.32 Mil) to Oct. 2023 (C$0.96 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. New Target Mining's Enterprise Value for Today is C$0.74 Mil.

New Target Mining Market Cap Historical Data

The historical data trend for New Target Mining'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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New Target Mining Market Cap Chart

New Target Mining Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Market Cap

1.77

1.32

0.96

New Target Mining Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Market Cap	Get a 7-Day Free Trial									1.32	1.50	1.44	0.96	1.20

Competitive Comparison of New Target Mining's Market Cap

For the Other Industrial Metals & Mining subindustry, New Target Mining'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.

New Target Mining's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Target Mining's Market Cap falls into.

New Target Mining 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.

New Target Mining's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )	=	Share Price (A: Oct. 2023 )	*	Shares Outstanding (EOP) (A: Oct. 2023 )
	=	C$0.08	*	11.9863
	=	C$0.96

New Target Mining's Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )	=	Share Price (Q: Jan. 2024 )	*	Shares Outstanding (EOP) (Q: Jan. 2024 )
	=	C$0.1	*	11.9863
	=	C$1.20

New Target Mining (TSXV:NEW.H) 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.

New Target Mining Market Cap Related Terms

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New Target Mining (TSXV:NEW.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Target Mining Corp (TSXV:NEW.H) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 Hornby Street, Suite 510, Vancouver, BC, CAN, V6C3B6

Website

https://www.newtargetmining.com

New Target Mining Corp is an exploration stage junior mining company engaged in the identification, acquisition and exploration of mineral properties in Canada. The firm has a property option agreement on the Scarlett Property in British Columbia, Canada.

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