Cullen Resources Market cap
What is the Market cap of Cullen Resources?
The Market cap of Cullen Resources Limited is $3.40M
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Finance sector on ASX compared to Cullen Resources
What does Cullen Resources do?
Magellan Global Trust is a closed-ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies. It invests in stocks of companies across diversified market capitalizations. The fund employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Net Total Return Index. Magellan Global Trust was formed on August 29, 2017 and is domiciled in Australia.
Companies with market cap similar to Cullen Resources
- Cullen Resources has Market cap of $3.39M
- Genk Logistics has Market cap of $3.39M
- Roughrider Exploration has Market cap of $3.39M
- Canterra Minerals has Market cap of $3.39M
- Falanx has Market cap of $3.39M
- John Lewis of Hungerford plc has Market cap of $3.39M
- Cullen Resources has Market cap of $3.40M
- Jade Road Investments has Market cap of $3.40M
- Hindustan Fluorocarbons has Market cap of $3.40M
- Ncondezi has Market cap of $3.40M
- Jupiter has Market cap of $3.40M
- Sonoma Pharmaceuticals has Market cap of $3.41M
- Ivrnet has Market cap of $3.41M