Cannon Resources (ASX:CNR) Market Cap : A$42.77 Mil (As of Jun. 07, 2024)

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What is Cannon 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). Cannon Resources's share price for the quarter that ended in Dec. 2021 was A$0.49. Cannon Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2021 was 76.86 Mil. Therefore, Cannon Resources's market cap for the quarter that ended in Dec. 2021 was A$37.66 Mil.

Cannon Resources's quarterly 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 Dec. 2021 (A$37.66 Mil).

Cannon Resources'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. 2022 (A$29.06 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. Cannon Resources's Enterprise Value for Today is A$39.49 Mil.

Cannon Resources Market Cap Historical Data

The historical data trend for Cannon 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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Cannon Resources Market Cap Chart

Cannon Resources Annual Data

Trend

Jun22

Market Cap

29.06

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Market Cap	37.66	29.06

Competitive Comparison of Cannon Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, Cannon 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.

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

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

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

Cannon 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.

Cannon Resources's Market Cap for the fiscal year that ended in Jun. 2022 is calculated as

Market Cap (A: Jun. 2022 )	=	Share Price (A: Jun. 2022 )	*	Shares Outstanding (EOP) (A: Jun. 2022 )
	=	A$0.34	*	85.4634
	=	A$29.06

Cannon Resources's Market Cap for the quarter that ended in Dec. 2021 is calculated as

Market Cap (Q: Dec. 2021 )	=	Share Price (Q: Dec. 2021 )	*	Shares Outstanding (EOP) (Q: Dec. 2021 )
	=	A$0.49	*	76.8558
	=	A$37.66

Cannon Resources (ASX:CNR) 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.

Cannon Resources Market Cap Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.