Yes it absolutely can.
Market cap = number of shares * share price.
Enterprise value = market cap + debt - cash.
They are two different ways of valuing a company. First is about demand and supply.
Simple finance mate.
[INTERVIEW] Raiden Resources provides update on maiden drilling at the Andover South Lithium Project, page-38
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $17.25M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $26.64K | 5.525M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 54843238 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6720614 | 9 |
View Market Depth
| Last trade - 11.28am 23/06/2025 (20 minute delay) ? |
| RDN (ASX) Chart |