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). Rain City Resources's share price for the quarter that ended in Dec. 2024 was C$0.08. Rain City Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 76.43 Mil. Therefore, Rain City Resources's market cap for the quarter that ended in Dec. 2024 was C$6.11 Mil.
Rain City Resources's quarterly market cap
increased
from Jun. 2024 (C$4.88 Mil) to Sep. 2024 (C$6.03 Mil) and
increased
from Sep. 2024 (C$6.03 Mil) to Dec. 2024 (C$6.11 Mil).
Rain City Resources's annual market cap
declined
from Sep. 2022 (C$1.43 Mil) to Sep. 2023 (C$0.65 Mil) but then
increased
from Sep. 2023 (C$0.65 Mil) to Sep. 2024 (C$6.03 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. Rain City Resources's Enterprise Value for Today is C$2.03 Mil.
Rain City Resources Market Cap Historical Data
The historical data trend for Rain City 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.
Competitive Comparison of Rain City Resources's Market Cap
For the Specialty Industrial Machinery subindustry, Rain City 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.
Rain City Resources's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Rain City Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Rain City Resources's Market Cap falls into.
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.
Rain City Resources's Market Cap for the fiscal year that ended in Sep. 2024 is calculated as
* 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.
Rain City Resources (XCNQ:RAIN) 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.
Rain City Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Rain City Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rain City Resources Inc is an integrated lithium technology and project development company committed to solving the environmental, social, and economic issues associated with extracting lithium from brine. Its primary focus is on lithium production sourced from brines using proprietary Direct Lithium Extraction (DLE) processes. The company has purchased an interest in a patented technology, adapted to Direct Lithium Extraction (DLE) called ACCELi. In addition, it holds a 100% interest in the Bro Property, located in the Yukon region.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XCNQ:RAIN has been successfully added to your 