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Nickel 28 Capital (TSXV:NKL) Market Cap : C$72.28 Mil (As of Jun. 02, 2024)


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What is Nickel 28 Capital 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). Nickel 28 Capital's share price for the quarter that ended in Oct. 2023 was C$0.85. Nickel 28 Capital's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 92.38 Mil. Therefore, Nickel 28 Capital's market cap for the quarter that ended in Oct. 2023 was C$78.52 Mil.

Nickel 28 Capital's quarterly market cap declined from Apr. 2023 (C$115.64 Mil) to Jul. 2023 (C$109.93 Mil) and declined from Jul. 2023 (C$109.93 Mil) to Oct. 2023 (C$78.52 Mil).

Nickel 28 Capital's annual market cap increased from Dec. 2020 (C$40.33 Mil) to Jan. 2022 (C$106.85 Mil) but then declined from Jan. 2022 (C$106.85 Mil) to Jan. 2023 (C$88.06 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. Nickel 28 Capital's Enterprise Value for Today is C$125.90 Mil.


Nickel 28 Capital Market Cap Historical Data

The historical data trend for Nickel 28 Capital'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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Nickel 28 Capital Market Cap Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Market Cap
38.39 40.33 106.85 88.06

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 78.35 88.06 115.64 109.93 78.52

Competitive Comparison of Nickel 28 Capital's Market Cap

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Market Cap distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Market Cap falls into.



Nickel 28 Capital 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.

Nickel 28 Capital's Market Cap for the fiscal year that ended in Jan. 2023 is calculated as

Market Cap (A: Jan. 2023 )=Share Price (A: Jan. 2023 )*Shares Outstanding (EOP) (A: Jan. 2023 )
=C$0.96*91.7272
=C$88.06

Nickel 28 Capital's Market Cap for the quarter that ended in Oct. 2023 is calculated as

Market Cap (Q: Oct. 2023 )=Share Price (Q: Oct. 2023 )*Shares Outstanding (EOP) (Q: Oct. 2023 )
=C$0.85*92.3772
=C$78.52

* 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.


Nickel 28 Capital  (TSXV:NKL) 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.


Nickel 28 Capital Market Cap Related Terms

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Nickel 28 Capital (TSXV:NKL) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.
Executives
Edward A. Collery Director, Director or Senior Officer of 10% Security Holder
Pelham Investment Partners 10% Security Holder

Nickel 28 Capital (TSXV:NKL) Headlines

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