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Element 29 Resources (Element 29 Resources) Market Cap : $21.06 Mil (As of Jun. 10, 2024)


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What is Element 29 Resources 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). Element 29 Resources's share price for the quarter that ended in Mar. 2024 was $0.1046. Element 29 Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 106.62 Mil. Therefore, Element 29 Resources's market cap for the quarter that ended in Mar. 2024 was $11.15 Mil.

Element 29 Resources's quarterly market cap increased from Sep. 2023 ($12.11 Mil) to Dec. 2023 ($15.49 Mil) but then declined from Dec. 2023 ($15.49 Mil) to Mar. 2024 ($11.15 Mil).

Element 29 Resources's annual market cap declined from Dec. 2021 ($35.98 Mil) to Dec. 2022 ($9.20 Mil) but then increased from Dec. 2022 ($9.20 Mil) to Dec. 2023 ($15.49 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. Element 29 Resources's Enterprise Value for Today is $20.48 Mil.


Element 29 Resources Market Cap Historical Data

The historical data trend for Element 29 Resources'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.

Element 29 Resources Market Cap Chart

Element 29 Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - 35.98 9.20 15.49

Element 29 Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 9.20 14.67 12.11 15.49 11.15

Competitive Comparison of Element 29 Resources's Market Cap

For the Copper subindustry, Element 29 Resources'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.


Element 29 Resources's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Element 29 Resources's Market Cap falls into.



Element 29 Resources 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.

Element 29 Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0.1458*106.249
=$15.49

Element 29 Resources's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0.1046*106.624
=$11.15

* 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.


Element 29 Resources  (OTCPK:EMTRF) 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.


Element 29 Resources Market Cap Related Terms

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Element 29 Resources (Element 29 Resources) Business Description

Traded in Other Exchanges
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Element 29 Resources Inc is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties. Its projects include the Flor de Cobre copper project and the Elida copper Project, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources (Element 29 Resources) Headlines