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Torrent Gold (XCNQ:TGLD) Market Cap : C$1.23 Mil (As of Jun. 19, 2024)


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What is Torrent 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). Torrent Gold's share price for the quarter that ended in Jan. 2024 was C$0.06. Torrent Gold's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 20.45 Mil. Therefore, Torrent Gold's market cap for the quarter that ended in Jan. 2024 was C$1.23 Mil.

Torrent Gold's quarterly market cap declined from Jul. 2023 (C$2.66 Mil) to Oct. 2023 (C$1.64 Mil) and declined from Oct. 2023 (C$1.64 Mil) to Jan. 2024 (C$1.23 Mil).

Torrent Gold's annual market cap declined from Jan. 2022 (C$11.39 Mil) to Jan. 2023 (C$5.21 Mil) and declined from Jan. 2023 (C$5.21 Mil) to Jan. 2024 (C$1.23 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. Torrent Gold's Enterprise Value for Today is C$1.15 Mil.


Torrent Gold Market Cap Historical Data

The historical data trend for Torrent 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.

Torrent Gold Market Cap Chart

Torrent Gold Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Market Cap
Get a 7-Day Free Trial - 4.76 11.39 5.21 1.23

Torrent Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.21 2.25 2.66 1.64 1.23

Competitive Comparison of Torrent Gold's Market Cap

For the Other Precious Metals & Mining subindustry, Torrent 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.


Torrent Gold's Market Cap Distribution in the Metals & Mining Industry

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

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



Torrent 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.

Torrent Gold's Market Cap for the fiscal year that ended in Jan. 2024 is calculated as

Market Cap (A: Jan. 2024 )=Share Price (A: Jan. 2024 )*Shares Outstanding (EOP) (A: Jan. 2024 )
=C$0.06*20.4452
=C$1.23

Torrent Gold's Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )=Share Price (Q: Jan. 2024 )*Shares Outstanding (EOP) (Q: Jan. 2024 )
=C$0.06*20.4452
=C$1.23

* 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.


Torrent Gold  (XCNQ:TGLD) 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.


Torrent Gold Market Cap Related Terms

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Torrent Gold (XCNQ:TGLD) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Torrent Gold Inc is engaged in acquiring and exploring mineral properties in Canada and the United States. The company is exploring its grassroots Clover Mountain gold property in Idaho and recently acquired six early-stage gold exploration projects in Nevada and Utah from Liberty Gold. The firm is exploring epithermal gold, and silver mineralization on the Silver Star Property.

Torrent Gold (XCNQ:TGLD) Headlines

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