Heavy Rare Earths (ASX:HRE) Market Cap : A$2.39 Mil (As of Jun. 04, 2024)

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What is Heavy Rare Earths 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). Heavy Rare Earths's share price for the quarter that ended in Dec. 2023 was A$0.06. Heavy Rare Earths's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 68.28 Mil. Therefore, Heavy Rare Earths's market cap for the quarter that ended in Dec. 2023 was A$4.10 Mil.

Heavy Rare Earths's quarterly market cap increased from Jun. 2022 (A$0.00 Mil) to Jun. 2023 (A$6.14 Mil) but then declined from Jun. 2023 (A$6.14 Mil) to Dec. 2023 (A$4.10 Mil).

Heavy Rare Earths's annual market cap stayed the same from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$6.14 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. Heavy Rare Earths's Enterprise Value for Today is A$1.09 Mil.

Heavy Rare Earths Market Cap Historical Data

The historical data trend for Heavy Rare Earths'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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Heavy Rare Earths Market Cap Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Market Cap

6.14

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Market Cap	-	6.14	4.10

Competitive Comparison of Heavy Rare Earths's Market Cap

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths'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.

Heavy Rare Earths's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Heavy Rare Earths's Market Cap falls into.

Heavy Rare Earths 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.

Heavy Rare Earths's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )	=	Share Price (A: Jun. 2023 )	*	Shares Outstanding (EOP) (A: Jun. 2023 )
	=	A$0.09	*	68.2751
	=	A$6.14

Heavy Rare Earths'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 )
	=	A$0.06	*	68.2751
	=	A$4.10

Heavy Rare Earths (ASX:HRE) 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.

Heavy Rare Earths Market Cap Related Terms

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Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

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