Rainy Mountain Royalty's quarterly market cap
declined
from Jul. 2023 (C$2.21 Mil) to Oct. 2023 (C$1.82 Mil) but then
increased
from Oct. 2023 (C$1.82 Mil) to Jan. 2024 (C$2.47 Mil).
Rainy Mountain Royalty's annual market cap
declined
from Apr. 2021 (C$1.80 Mil) to Apr. 2022 (C$1.38 Mil) but then
increased
from Apr. 2022 (C$1.38 Mil) to Apr. 2023 (C$1.56 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. Rainy Mountain Royalty's Enterprise Value for Today is C$1.72 Mil.
* 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.
Competitive Comparison of Rainy Mountain Royalty's Market Cap
For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.
Rainy Mountain Royalty's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Rainy Mountain Royalty's Market Cap distribution charts can be found below:
* The bar in red indicates where Rainy Mountain Royalty's Market Cap falls into.
Rainy Mountain Royalty 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.
Rainy Mountain Royalty's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
Rainy Mountain Royalty (TSXV:RMO) 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.
Rainy Mountain Royalty Market Cap Related Terms
Thank you for viewing the detailed overview of Rainy Mountain Royalty's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rainy Mountain Royalty (TSXV:RMO) Business Description
Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.
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