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). Avanti Gold's share price for the quarter that ended in Jan. 2024 was C$0.17. Avanti Gold's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 46.68 Mil. Therefore, Avanti Gold's market cap for the quarter that ended in Jan. 2024 was C$7.94 Mil.
Avanti Gold's quarterly market cap
declined
from Jul. 2023 (C$26.65 Mil) to Oct. 2023 (C$13.54 Mil) and
declined
from Oct. 2023 (C$13.54 Mil) to Jan. 2024 (C$7.94 Mil).
Avanti Gold's annual market cap
declined
from Apr. 2021 (C$39.68 Mil) to Apr. 2022 (C$2.45 Mil) but then
increased
from Apr. 2022 (C$2.45 Mil) to Apr. 2023 (C$40.07 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. Avanti Gold's Enterprise Value for Today is C$12.04 Mil.
Avanti Gold Market Cap Historical Data
The historical data trend for Avanti 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.
Competitive Comparison of Avanti Gold's Market Cap
For the Gold subindustry, Avanti 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.
Avanti Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Avanti Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Avanti Gold's Market Cap falls into.
Avanti 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.
Avanti Gold's Market Cap for the fiscal year that ended in Apr. 2023 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.
Avanti Gold (XCNQ:AGC) 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.
Avanti Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Avanti Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Avanti Gold Corp is a mineral exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo, located in the Fizi territory of South Kivu province. The Misisi Gold Project has a contained Inferred Mineral Resource of 3 million ounces of gold. The Project is comprised of three contiguous 30-year mining leases, covering 133 square kilometers of prospective exploration ground along the 55-kilometer-long Kibara Gold Belt.
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