GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TinOne Resources Inc (TSXV:TORC) » Definitions » Market Cap

TinOne Resources (TSXV:TORC) Market Cap : C$1.30 Mil (As of Jun. 09, 2024)


View and export this data going back to 2022. Start your Free Trial

What is TinOne 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). TinOne Resources's share price for the quarter that ended in Mar. 2024 was C$0.17. TinOne Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 8.68 Mil. Therefore, TinOne Resources's market cap for the quarter that ended in Mar. 2024 was C$1.47 Mil.

TinOne Resources's quarterly market cap declined from Sep. 2023 (C$4.77 Mil) to Dec. 2023 (C$2.17 Mil) and declined from Dec. 2023 (C$2.17 Mil) to Mar. 2024 (C$1.47 Mil).

TinOne Resources's annual market cap increased from Jun. 2021 (C$0.00 Mil) to Jun. 2022 (C$9.02 Mil) and increased from Jun. 2022 (C$9.02 Mil) to Jun. 2023 (C$9.40 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. TinOne Resources's Enterprise Value for Today is C$1.22 Mil.


TinOne Resources Market Cap Historical Data

The historical data trend for TinOne 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.

TinOne Resources Market Cap Chart

TinOne Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
- - - 9.02 9.40

TinOne Resources Quarterly Data
Jun19 Jun20 Sep20 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 12.73 9.40 4.77 2.17 1.47

Competitive Comparison of TinOne Resources's Market Cap

For the Gold subindustry, TinOne 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.


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

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

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



TinOne 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.

TinOne Resources's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=C$1.1*8.54768
=C$9.40

TinOne 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$0.17*8.67518
=C$1.47

* 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.


TinOne Resources  (TSXV:TORC) 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.


TinOne Resources Market Cap Related Terms

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


TinOne Resources (TSXV:TORC) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7
TinOne Resources Inc is a mining exploration company. Its mineral exploration activities are focused on underexplored regions in Eastern Australia and New Zealand with an immediate strategy to assemble a portfolio of high-quality gold assets. The company's projects include the Panama Gold Project, Great Pyramid Tin Project, Aberfoyle Tin Project, NSW Tin Projects, and Otago Goldfields Applications.

TinOne Resources (TSXV:TORC) Headlines