| Sisecam Resources is a holding company. Through its ownership of a 51% membership interest in its subsidiary, Sisecam Wyoming LLC (Sisecam Wyoming), Co. operates the trona ore mining and soda ash production business. Sisecam Wyoming is a producer of soda ash, serving a global market from Co.'s facility in the Green River Basin of Wyoming. Trona, a soft mineral, is also known as sodium sesquicarbonate and consists primarily of sodium carbonate, or soda ash, sodium bicarbonate and water. Co. processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products. We show 3 historical shares outstanding datapoints in our SIRE shares outstanding history coverage, used to compute SIRE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SIRE market cap history over the course of time is important for investors
interested in comparing SIRE'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 SIRE versus a peer is one thing; comparing
SIRE 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 SIRE can fluctuate over the course of history.
With this page we aim to empower investors researching SIRE by allowing them to research the SIRE market cap history.