Monarch Casino & Resort, Inc. owns and operates the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. Co. also own adjacent land parcels and an industrial warehouse between Denver and Black Hawk. The Atlantis features around 61,000 sq. ft. of casino space, 817 guest rooms and suites, eight food outlets, gourmet coffee and pastry bars, a snack bar, and a 30,000 sq. ft. health spa with a year-round pool. Monarch Black Hawk includes approximately 60,000 sq. ft. of casino space, 1,000 slot machines, 43 table games, a poker room, a keno counter, a sportsbook, and 10 bars and lounges. We show 65 historical shares outstanding datapoints in our MCRI shares outstanding history coverage, used to compute MCRI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MCRI market cap history over the course of time is important for investors
interested in comparing MCRI'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 MCRI versus a peer is one thing; comparing
MCRI 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 MCRI can fluctuate over the course of history.
With this page we aim to empower investors researching MCRI by allowing them to research the MCRI market cap history. |
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Video: The Importance of Market Cap
