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Nican (TSXV:NICN) Market Cap : C$3.66 Mil (As of Apr. 03, 2025)


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What is Nican 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). Nican's share price for the quarter that ended in Sep. 2024 was C$0.045. Nican's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 81.40 Mil. Therefore, Nican's market cap for the quarter that ended in Sep. 2024 was C$3.66 Mil.

Nican's quarterly market cap declined from Mar. 2024 (C$9.36 Mil) to Jun. 2024 (C$4.07 Mil) and declined from Jun. 2024 (C$4.07 Mil) to Sep. 2024 (C$3.66 Mil).

Nican's annual market cap increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$6.94 Mil) but then declined from Dec. 2022 (C$6.94 Mil) to Dec. 2023 (C$3.47 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. Nican's Enterprise Value for Today is C$2.42 Mil.


Nican Market Cap Historical Data

The historical data trend for Nican'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.

Nican Market Cap Chart

Nican Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- 6.94 3.47

Nican Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.82 3.47 9.36 4.07 3.66

Competitive Comparison of Nican's Market Cap

For the Other Industrial Metals & Mining subindustry, Nican'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.


Nican's Market Cap Distribution in the Metals & Mining Industry

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

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


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Nican 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.

Nican'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$0.05*69.399
=C$3.47

Nican's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=C$0.045*81.399
=C$3.66

* 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.


Nican  (TSXV:NICN) 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.


Nican Market Cap Related Terms

Thank you for viewing the detailed overview of Nican's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Nican Business Description

Traded in Other Exchanges
Address
390 Bay Street, Suite 700A, Toronto, ON, CAN, M4V 1X7
Nican Ltd engages in exploring, developing, operating, and financing mining assets. Its principal business activity is the exploration and evaluation of mineral properties. The company is focused on nickel-copper opportunities in stable jurisdictions on known mineral belts. Its project comprises of wine project and pipy project both located in well-established mining jurisdictions in Manitoba, Canada.
Executives
Bradley Dean Humphrey Director, Senior Officer
Shaun Perin Heinrichs Senior Officer
Michael Hoffman Director
Alison Sagateh Williams Director

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