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Red Canyon Resources (XCNQ:REDC) Market Cap : C$8.73 Mil (As of May. 14, 2024)


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What is Red Canyon 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). Red Canyon Resources's share price for the quarter that ended in Dec. 2023 was C$0.3. Red Canyon Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 34.94 Mil. Therefore, Red Canyon Resources's market cap for the quarter that ended in Dec. 2023 was C$10.48 Mil.

Red Canyon Resources's quarterly market cap stayed the same from Jun. 2023 (C$0.00 Mil) to Sep. 2023 (C$0.00 Mil) but then increased from Sep. 2023 (C$0.00 Mil) to Dec. 2023 (C$10.48 Mil).

Red Canyon Resources's annual market cap stayed the same from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$0.00 Mil) but then increased from Dec. 2022 (C$0.00 Mil) to Dec. 2023 (C$10.48 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. Red Canyon Resources's Enterprise Value for Today is C$7.77 Mil.


Red Canyon Resources Market Cap Historical Data

The historical data trend for Red Canyon 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.

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Red Canyon Resources Market Cap Chart

Red Canyon Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- - - 10.48

Red Canyon Resources Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial - - - - 10.48

Competitive Comparison of Red Canyon Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, Red Canyon 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.


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

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

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



Red Canyon 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.

Red Canyon 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$0.3*34.9375
=C$10.48

Red Canyon Resources'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$0.3*34.9375
=C$10.48

* 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.


Red Canyon Resources  (XCNQ:REDC) 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.


Red Canyon Resources Market Cap Related Terms

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Red Canyon Resources (XCNQ:REDC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Red Canyon Resources Ltd is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop copper and associated precious metals, focusing initially on the exploration and development of its principal project, the Peak Property, located in British Columbia, Canada.

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