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True Gold Mining (TSXV:TGM) Market Cap : C$267.22 Mil (As of May. 07, 2024)


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What is True Gold 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). True Gold Mining's share price for the quarter that ended in Dec. 2015 was C$0.24. True Gold Mining's Shares Outstanding (EOP) for the quarter that ended in Dec. 2015 was 398.84 Mil. Therefore, True Gold Mining's market cap for the quarter that ended in Dec. 2015 was C$95.72 Mil.

True Gold Mining's quarterly market cap declined from Jun. 2015 (C$91.73 Mil) to Sep. 2015 (C$63.81 Mil) but then increased from Sep. 2015 (C$63.81 Mil) to Dec. 2015 (C$95.72 Mil).

True Gold Mining's annual market cap declined from Dec. 2013 (C$106.06 Mil) to Dec. 2014 (C$103.70 Mil) and declined from Dec. 2014 (C$103.70 Mil) to Dec. 2015 (C$95.72 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. True Gold Mining's Enterprise Value for Today is C$267.22 Mil.


True Gold Mining Market Cap Historical Data

The historical data trend for True Gold 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.

* Premium members only.

True Gold Mining Market Cap Chart

True Gold Mining Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Dec13 Dec14 Dec15
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.04 89.70 106.06 103.70 95.72

True Gold Mining Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 103.70 75.78 91.73 63.81 95.72

Competitive Comparison of True Gold Mining's Market Cap

For the Gold subindustry, True Gold 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.


True Gold Mining's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where True Gold Mining's Market Cap falls into.



True Gold 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.

True Gold Mining's Market Cap for the fiscal year that ended in Dec. 2015 is calculated as

Market Cap (A: Dec. 2015 )=Share Price (A: Dec. 2015 )*Shares Outstanding (EOP) (A: Dec. 2015 )
=C$0.24*398.841
=C$95.72

True Gold Mining's Market Cap for the quarter that ended in Dec. 2015 is calculated as

Market Cap (Q: Dec. 2015 )=Share Price (Q: Dec. 2015 )*Shares Outstanding (EOP) (Q: Dec. 2015 )
=C$0.24*398.841
=C$95.72

* 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.


True Gold Mining  (TSXV:TGM) 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.


True Gold Mining Market Cap Related Terms

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True Gold Mining (TSXV:TGM) Business Description

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Address
True Gold Mining Inc is a mineral exploration and development company focused on exploring and developing gold projects in West Africa. Its projects include the Karma Project and the Liguidi Project.

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