Cumberland Resources Nickel (XCNQ:LAND) Market Cap : C$0.66 Mil (As of May. 26, 2024)

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What is Cumberland Resources Nickel 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). Cumberland Resources Nickel's share price for the quarter that ended in Dec. 2023 was C$0.03. Cumberland Resources Nickel's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 65.61 Mil. Therefore, Cumberland Resources Nickel's market cap for the quarter that ended in Dec. 2023 was C$1.97 Mil.

Cumberland Resources Nickel's quarterly market cap declined from Jun. 2023 (C$2.62 Mil) to Sep. 2023 (C$1.31 Mil) but then increased from Sep. 2023 (C$1.31 Mil) to Dec. 2023 (C$1.97 Mil).

Cumberland Resources Nickel's annual market cap stayed the same from Sep. 2021 (C$0.00 Mil) to Sep. 2022 (C$0.00 Mil) but then increased from Sep. 2022 (C$0.00 Mil) to Sep. 2023 (C$1.31 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. Cumberland Resources Nickel's Enterprise Value for Today is C$0.51 Mil.

Cumberland Resources Nickel Market Cap Historical Data

The historical data trend for Cumberland Resources Nickel'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.

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Cumberland Resources Nickel Market Cap Chart

Cumberland Resources Nickel Annual Data

Trend

Sep21

Sep22

Sep23

Market Cap

1.31

Cumberland Resources Nickel Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial							-	3.28	2.62	1.31	1.97

Competitive Comparison of Cumberland Resources Nickel's Market Cap

For the Other Industrial Metals & Mining subindustry, Cumberland Resources Nickel'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.

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

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

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

Cumberland Resources Nickel 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.

Cumberland Resources Nickel's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )	=	Share Price (A: Sep. 2023 )	*	Shares Outstanding (EOP) (A: Sep. 2023 )
	=	C$0.02	*	65.6104
	=	C$1.31

Cumberland Resources Nickel's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	C$0.03	*	65.6104
	=	C$1.97

Cumberland Resources Nickel (XCNQ:LAND) 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.

Cumberland Resources Nickel Market Cap Related Terms

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Cumberland Resources Nickel (XCNQ:LAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cumberland Resources Nickel Corp (XCNQ:LAND) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

833 Seymour Street, Suite 3606, Vancouver, BC, CAN, V6B 0G4

Website

Cumberland Resources Nickel Corp is focused on exploring and developing its mineral properties. It holds a 100% interest in the St. Anthony Property located in Newfoundland, Canada.