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Western Gold Resources (ASX:WGR) Market Cap : A$4.61 Mil (As of Jun. 08, 2024)


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What is Western Gold 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). Western Gold Resources's share price for the quarter that ended in Dec. 2023 was A$0.032. Western Gold Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 153.69 Mil. Therefore, Western Gold Resources's market cap for the quarter that ended in Dec. 2023 was A$4.92 Mil.

Western Gold Resources's quarterly market cap declined from Dec. 2022 (A$5.78 Mil) to Jun. 2023 (A$3.52 Mil) but then increased from Jun. 2023 (A$3.52 Mil) to Dec. 2023 (A$4.92 Mil).

Western Gold Resources's annual market cap increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$7.32 Mil) but then declined from Jun. 2022 (A$7.32 Mil) to Jun. 2023 (A$3.52 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. Western Gold Resources's Enterprise Value for Today is A$3.67 Mil.


Western Gold Resources Market Cap Historical Data

The historical data trend for Western Gold 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.

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Western Gold Resources Market Cap Chart

Western Gold Resources Annual Data
Trend Jun21 Jun22 Jun23
Market Cap
- 7.32 3.52

Western Gold Resources Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial 12.61 7.32 5.78 3.52 4.92

Competitive Comparison of Western Gold Resources's Market Cap

For the Gold subindustry, Western Gold 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.


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

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

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



Western Gold 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.

Western Gold Resources'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$0.038*92.7479
=A$3.52

Western Gold Resources'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$0.032*153.688
=A$4.92

* 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.


Western Gold Resources  (ASX:WGR) 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.


Western Gold Resources Market Cap Related Terms

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Western Gold Resources (ASX:WGR) Business Description

Traded in Other Exchanges
N/A
Address
46 Colin Street, Level 4, West Perth, Perth, AUS, 6005
Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.

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