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Eureka Lithium (XCNQ:ERKA) Market Cap : C$4.66 Mil (As of May. 30, 2024)


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What is Eureka Lithium 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). Eureka Lithium's share price for the quarter that ended in Mar. 2024 was C$0.2. Eureka Lithium's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 51.75 Mil. Therefore, Eureka Lithium's market cap for the quarter that ended in Mar. 2024 was C$10.35 Mil.

Eureka Lithium's quarterly market cap increased from Sep. 2023 (C$22.24 Mil) to Dec. 2023 (C$26.39 Mil) but then declined from Dec. 2023 (C$26.39 Mil) to Mar. 2024 (C$10.35 Mil).

Eureka Lithium's annual market cap increased from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$1.50 Mil) and increased from Dec. 2022 (C$1.50 Mil) to Dec. 2023 (C$26.39 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. Eureka Lithium's Enterprise Value for Today is C$2.55 Mil.


Eureka Lithium Market Cap Historical Data

The historical data trend for Eureka Lithium'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.

Eureka Lithium Market Cap Chart

Eureka Lithium Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
- 1.50 26.39

Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only 1.50 4.49 22.24 26.39 10.35

Competitive Comparison of Eureka Lithium's Market Cap

For the Other Industrial Metals & Mining subindustry, Eureka Lithium'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.


Eureka Lithium's Market Cap Distribution in the Metals & Mining Industry

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

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



Eureka Lithium 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.

Eureka Lithium'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$0.51*51.7546
=C$26.39

Eureka Lithium'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$0.2*51.7546
=C$10.35

* 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.


Eureka Lithium  (XCNQ:ERKA) 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.


Eureka Lithium Market Cap Related Terms

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Eureka Lithium (XCNQ:ERKA) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.
Executives
Jeffrey Wilson Director, Senior Officer

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