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). NewOrigin Gold's share price for the quarter that ended in Dec. 2023 was C$0.045. NewOrigin Gold's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 56.89 Mil. Therefore, NewOrigin Gold's market cap for the quarter that ended in Dec. 2023 was C$2.56 Mil.
NewOrigin Gold's quarterly market cap
stayed the same
from Jun. 2023 (C$1.71 Mil) to Sep. 2023 (C$1.71 Mil) but then
increased
from Sep. 2023 (C$1.71 Mil) to Dec. 2023 (C$2.56 Mil).
NewOrigin Gold's annual market cap
declined
from Jun. 2021 (C$7.50 Mil) to Jun. 2022 (C$3.36 Mil) and
declined
from Jun. 2022 (C$3.36 Mil) to Jun. 2023 (C$1.71 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. NewOrigin Gold's Enterprise Value for Today is C$1.33 Mil.
NewOrigin Gold Market Cap Historical Data
The historical data trend for NewOrigin Gold'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.
Competitive Comparison of NewOrigin Gold's Market Cap
For the Gold subindustry, NewOrigin Gold'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.
NewOrigin Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NewOrigin Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where NewOrigin Gold's Market Cap falls into.
NewOrigin Gold 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.
NewOrigin Gold's Market Cap for the fiscal year that ended in Jun. 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.
NewOrigin Gold (TSXV:NEWO) 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.
NewOrigin Gold Market Cap Related Terms
Thank you for viewing the detailed overview of NewOrigin Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NewOrigin Gold Corp's strategy is to stake or acquire early-stage, under-explored precious metals properties in prospective mining camps. The company aims to create shareholder value by leveraging management's broad experience to make new economic gold discoveries on the under-explored properties. It is focused on exploring its flagship Sky Lake Project in the past producing Pickle Lake Mining Camp in northwestern, Ontario. The company's project portfolio includes the North Abitibi Project, South Abitibi Project, the Nipissing Cobalt Property, the Kinebik Gold Project.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:NEWO has been successfully added to your 