GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Lake Gold Inc (XCNQ:RGLD) » Definitions » Market Cap

Red Lake Gold (XCNQ:RGLD) Market Cap : C$5.78 Mil (As of Dec. 15, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Red Lake Gold 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 Lake Gold's share price for the quarter that ended in Aug. 2024 was C$0.09. Red Lake Gold's Shares Outstanding (EOP) for the quarter that ended in Aug. 2024 was 41.74 Mil. Therefore, Red Lake Gold's market cap for the quarter that ended in Aug. 2024 was C$3.76 Mil.

Red Lake Gold's quarterly market cap increased from Feb. 2024 (C$1.84 Mil) to May. 2024 (C$3.34 Mil) and increased from May. 2024 (C$3.34 Mil) to Aug. 2024 (C$3.76 Mil).

Red Lake Gold's annual market cap declined from Nov. 2021 (C$5.73 Mil) to Nov. 2022 (C$1.32 Mil) but then increased from Nov. 2022 (C$1.32 Mil) to Nov. 2023 (C$2.86 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 Lake Gold's Enterprise Value for Today is C$5.77 Mil.


Red Lake Gold Market Cap Historical Data

The historical data trend for Red Lake Gold'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.

Red Lake Gold Market Cap Chart

Red Lake Gold Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial 4.99 12.10 5.73 1.32 2.86

Red Lake Gold Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2.86 2.86 1.84 3.34 3.76

Competitive Comparison of Red Lake Gold's Market Cap

For the Gold subindustry, Red Lake Gold'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 Lake Gold's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Lake Gold's Market Cap falls into.



Red Lake Gold 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 Lake Gold's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=C$0.08*35.7392
=C$2.86

Red Lake Gold's Market Cap for the quarter that ended in Aug. 2024 is calculated as

Market Cap (Q: Aug. 2024 )=Share Price (Q: Aug. 2024 )*Shares Outstanding (EOP) (Q: Aug. 2024 )
=C$0.09*41.7392
=C$3.76

* 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 Lake Gold  (XCNQ:RGLD) 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 Lake Gold Market Cap Related Terms

Thank you for viewing the detailed overview of Red Lake Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Red Lake Gold Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
Red Lake Gold Inc is focused on high-impact gold exploration through its Whirlwind Jack Gold Project which is a district-scale gold exploration project located near Red Lake, Ontario. The LP Fault structure interpreted in this project is situated within a deep magnetic low. The company's projects also include the Fenelon North Gold Project and the Celt Lake Lithium Project.
Executives
Ryan Kalt 10% Security Holder, Director, Senior Officer