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Rhyolite Resources (TSXV:RYE) Market Cap : C$8.04 Mil (As of Jun. 09, 2024)


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What is Rhyolite Resources 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). Rhyolite Resources's share price for the quarter that ended in Mar. 2024 was C$0.085. Rhyolite Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 107.19 Mil. Therefore, Rhyolite Resources's market cap for the quarter that ended in Mar. 2024 was C$9.11 Mil.

Rhyolite Resources's quarterly market cap increased from Sep. 2023 (C$6.97 Mil) to Dec. 2023 (C$8.04 Mil) and increased from Dec. 2023 (C$8.04 Mil) to Mar. 2024 (C$9.11 Mil).

Rhyolite Resources's annual market cap declined from Dec. 2021 (C$107.26 Mil) to Dec. 2022 (C$17.50 Mil) and declined from Dec. 2022 (C$17.50 Mil) to Dec. 2023 (C$8.04 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. Rhyolite Resources's Enterprise Value for Today is C$1.90 Mil.


Rhyolite Resources Market Cap Historical Data

The historical data trend for Rhyolite Resources'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.

Rhyolite Resources Market Cap Chart

Rhyolite Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 10.41 107.26 17.50 8.04

Rhyolite Resources 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 8.04 5.90 6.97 8.04 9.11

Competitive Comparison of Rhyolite Resources's Market Cap

For the Gold subindustry, Rhyolite Resources'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.


Rhyolite Resources's Market Cap Distribution in the Metals & Mining Industry

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

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



Rhyolite Resources 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.

Rhyolite Resources'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$0.075*107.185
=C$8.04

Rhyolite Resources'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$0.085*107.185
=C$9.11

* 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.


Rhyolite Resources  (TSXV:RYE) 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.


Rhyolite Resources Market Cap Related Terms

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Rhyolite Resources (TSXV:RYE) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 620, Three Bentall Centre, Vancouver, BC, CAN, V6E 3V6
Rhyolite Resources Ltd is a Canada-based exploration company. It is engaged in the acquisition and exploration of mineral properties in the United States. The company focuses on the Paxson Project in Alaska and an option to earn up to interest in the Brothers Project in Suriname.
Executives
Demetrius Pohl Director

Rhyolite Resources (TSXV:RYE) Headlines