Thursday, April 28, 2011

Mining 101: Ep 5. What is Market Cap?

Kingsgate Consolidated chairman Ross Smyth-Kirk explains what Market Cap is.

From Wiki: Market capitalization (often market cap) is a measurement of size of a business enterprise (corporation) equal to the share price times the number of shares outstanding (shares that have been authorized, issued, and purchased by investors) of a publicly traded company. Market capitalization could represent the public opinion of a company's net worth and is a determining factor in stock valuation.

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