Mineral Road Discovery's quarterly market cap
increased
from May. 2024 (C$2.24 Mil) to Aug. 2024 (C$2.95 Mil) and
increased
from Aug. 2024 (C$2.95 Mil) to Nov. 2024 (C$8.14 Mil).
Mineral Road Discovery's annual market cap
declined
from May. 2022 (C$3.78 Mil) to May. 2023 (C$1.47 Mil) but then
increased
from May. 2023 (C$1.47 Mil) to May. 2024 (C$2.24 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. Mineral Road Discovery's Enterprise Value for Today is C$1.23 Mil.
* 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 Mineral Road Discovery's Market Cap
For the Other Industrial Metals & Mining subindustry, Mineral Road Discovery'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.
Mineral Road Discovery's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Road Discovery's Market Cap distribution charts can be found below:
* The bar in red indicates where Mineral Road Discovery'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.
Mineral Road Discovery's Market Cap for the fiscal year that ended in May. 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.
Mineral Road Discovery (XCNQ:ROAD) 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.
Mineral Road Discovery Market Cap Related Terms
Thank you for viewing the detailed overview of Mineral Road Discovery's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Mineral Road Discovery Inc formerly Crest Resources Inc is engaged in the acquisition and exploration of mineral property assets in Canada, Australia and Peru and the investment in mineral exploration and mining technology companies. Some of the properties of the company are Red Metal Ridge, Split Dome Copper, Chala Copper property, Arizona Project, Cleghorn, Mt. Peyton Extension, Jonathan's Pond, and Mount Peyton.
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