mCloud Technologies is an exploration stage company. Co. has not yet determined whether the property contain ore reserves that are economically recoverable. The recoverability of amounts shown for exploration and evaluation assets is dependent upon the discovery of economically recoverable reserves, confirmation of Co.'s interest in the underlying mineral claims, the ability of Co. to obtain the necessary financing to complete the development, and upon future profitable production from the properties or realizing proceeds from their disposition. We show 1 historical shares outstanding datapoints in our MCLD shares outstanding history coverage, used to compute MCLD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MCLD market cap history over the course of time is important for investors
interested in comparing MCLD'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 MCLD versus a peer is one thing; comparing
MCLD 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 MCLD can fluctuate over the course of history.
With this page we aim to empower investors researching MCLD by allowing them to research the MCLD market cap history. |
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Video: The Importance of Market Cap
