American Battery Technology Co. is an integrated battery materials company. Co. provides technical development and commercialization of domestic, sustainable sourcing of critical battery materials through lithium-ion battery recycling and battery metal extraction technologies for use in batteries that power electric cars, grid storage applications, and consumer electronics and tools. Co. operates through three divisions: lithium-ion battery recycling, primary battery metal extraction technologies, and primary resources development. Co.'s platform creates a circular economy for battery metals that champion ethical and environmentally sustainable sourcing of critical materials. We show 7 historical shares outstanding datapoints in our ABAT shares outstanding history coverage, used to compute ABAT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ABAT market cap history over the course of time is important for investors
interested in comparing ABAT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ABAT versus a peer is one thing; comparing
ABAT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ABAT can fluctuate over the course of history.
With this page we aim to empower investors researching ABAT by allowing them to research the ABAT market cap history. |
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Video: The Importance of Market Cap
