Asian Mineral Resources Market cap
What is the Market cap of Asian Mineral Resources?
The Market cap of Asian Mineral Resources Limited is $12.83M
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Materials sector on TSXV compared to Asian Mineral Resources
What does Asian Mineral Resources do?
Asian Mineral Resources Limited engages in the exploration and development of mineral property interests in Canada. The company primarily explores for copper and vanadium. It holds an option to acquire a 75% interest in the Holt property that covers an area of 3,687 hectares located in east of Duncan, Vancouver Island. The company was incorporated in 2004 and is based in Toronto, Canada. Asian Mineral Resources Limited is a subsidiary of Pala Investments Limited.
Companies with market cap similar to Asian Mineral Resources
- Us Critical Metals Corp has Market cap of $12.79M
- Asian Capital Resources () has Market cap of $12.80M
- ATAC Resources has Market cap of $12.80M
- Getech Plc has Market cap of $12.81M
- IOU has Market cap of $12.81M
- Mahamaya Steel Industries has Market cap of $12.81M
- Asian Mineral Resources has Market cap of $12.83M
- Aptevo Therapeutics Inc has Market cap of $12.83M
- The Motor & General Finance has Market cap of $12.83M
- 2360 has Market cap of $12.85M
- Toubani Resources has Market cap of $12.86M
- Lancor has Market cap of $12.86M
- Yorkton Equity has Market cap of $12.87M