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Entree Resources (TSX:ETG) Market Cap : C$302.98 Mil (As of May. 15, 2024)


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What is Entree 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). Entree Resources's share price for the quarter that ended in Mar. 2024 was C$1.51. Entree Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 203.35 Mil. Therefore, Entree Resources's market cap for the quarter that ended in Mar. 2024 was C$307.05 Mil.

Entree Resources's quarterly market cap declined from Sep. 2023 (C$259.11 Mil) to Dec. 2023 (C$241.98 Mil) but then increased from Dec. 2023 (C$241.98 Mil) to Mar. 2024 (C$307.05 Mil).

Entree Resources's annual market cap increased from Dec. 2021 (C$156.08 Mil) to Dec. 2022 (C$227.86 Mil) and increased from Dec. 2022 (C$227.86 Mil) to Dec. 2023 (C$241.98 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. Entree Resources's Enterprise Value for Today is C$313.58 Mil.


Entree Resources Market Cap Historical Data

The historical data trend for Entree 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.

Entree Resources Market Cap Chart

Entree Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.92 104.46 156.08 227.86 241.98

Entree Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only 256.43 227.28 259.11 241.98 307.05

Competitive Comparison of Entree Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, Entree 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.


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

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

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



Entree 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.

Entree 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 )
=C$1.19*203.345
=C$241.98

Entree 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 )
=C$1.51*203.345
=C$307.05

* 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.


Entree Resources  (TSX:ETG) 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.


Entree Resources Market Cap Related Terms

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Entree Resources (TSX:ETG) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Oceanic Plaza, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Entree Resources Ltd is a Canadian mining company that owns a joint venture interest in a significant portion of the copper-gold-molybdenum deposit - the Oyu Tolgoi project in Mongolia. The company's interest in the Entree/Oyu Tolgoi joint venture has the characteristics of royalty, with the benefits of a producer. Entree's good financial position and high-quality asset portfolio provide a solid foundation and flexibility for growth.

Entree Resources (TSX:ETG) Headlines