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Solis Minerals (ASX:SLM) Market Cap : A$10.66 Mil (As of May. 26, 2024)


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What is Solis Minerals 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). Solis Minerals's share price for the quarter that ended in Feb. 2024 was A$0.13. Solis Minerals's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 87.84 Mil. Therefore, Solis Minerals's market cap for the quarter that ended in Feb. 2024 was A$11.42 Mil.

Solis Minerals's quarterly market cap declined from Aug. 2023 (A$31.62 Mil) to Nov. 2023 (A$14.93 Mil) and declined from Nov. 2023 (A$14.93 Mil) to Feb. 2024 (A$11.42 Mil).

Solis Minerals's annual market cap increased from May. 2021 (A$0.00 Mil) to May. 2022 (A$7.26 Mil) and increased from May. 2022 (A$7.26 Mil) to May. 2023 (A$17.23 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. Solis Minerals's Enterprise Value for Today is A$5.26 Mil.


Solis Minerals Market Cap Historical Data

The historical data trend for Solis Minerals'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.

Solis Minerals Market Cap Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.26 17.23

Solis Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.67 17.23 31.62 14.93 11.42

Competitive Comparison of Solis Minerals's Market Cap

For the Copper subindustry, Solis Minerals'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.


Solis Minerals's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Solis Minerals's Market Cap falls into.



Solis Minerals 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.

Solis Minerals's Market Cap for the fiscal year that ended in May. 2023 is calculated as

Market Cap (A: May. 2023 )=Share Price (A: May. 2023 )*Shares Outstanding (EOP) (A: May. 2023 )
=A$0.285*60.4666
=A$17.23

Solis Minerals's Market Cap for the quarter that ended in Feb. 2024 is calculated as

Market Cap (Q: Feb. 2024 )=Share Price (Q: Feb. 2024 )*Shares Outstanding (EOP) (Q: Feb. 2024 )
=A$0.13*87.8449
=A$11.42

* 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.


Solis Minerals  (ASX:SLM) 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.


Solis Minerals Market Cap Related Terms

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Solis Minerals (ASX:SLM) Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.