GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Market Cap

Lundin Mining (TSX:LUN) Market Cap : C$12,581 Mil (As of Apr. 27, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Lundin Mining 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). Lundin Mining's share price for the quarter that ended in Dec. 2023 was C$10.84. Lundin Mining's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 774 Mil. Therefore, Lundin Mining's market cap for the quarter that ended in Dec. 2023 was C$8,387 Mil.

Lundin Mining's quarterly market cap declined from Jun. 2023 (C$8,022 Mil) to Sep. 2023 (C$7,835 Mil) but then increased from Sep. 2023 (C$7,835 Mil) to Dec. 2023 (C$8,387 Mil).

Lundin Mining's annual market cap declined from Dec. 2021 (C$7,262 Mil) to Dec. 2022 (C$6,405 Mil) but then increased from Dec. 2022 (C$6,405 Mil) to Dec. 2023 (C$8,387 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. Lundin Mining's Enterprise Value for Today is C$14,244 Mil.


Lundin Mining Market Cap Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Market Cap Chart

Lundin Mining 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 5,697.66 8,317.24 7,261.67 6,404.91 8,386.56

Lundin Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6,404.91 7,084.63 8,022.06 7,834.54 8,386.56

Competitive Comparison of Lundin Mining's Market Cap

For the Copper subindustry, Lundin Mining'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.


Lundin Mining's Market Cap Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lundin Mining's Market Cap falls into.



Lundin Mining 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.

Lundin Mining'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$10.84*773.668
=C$8,387

Lundin Mining'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 )
=C$10.84*773.668
=C$8,387

* 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.


Lundin Mining  (TSX:LUN) 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.


Lundin Mining Market Cap Related Terms

Thank you for viewing the detailed overview of Lundin Mining's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Lundin Mining (TSX:LUN) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

No Headlines