Sovereign Metals (SVM.AX)

Cash on Hand as of June 2024 : C$29.69 Million

According to Sovereign Metals's latest financial reports the company has C$29.69 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Sovereign Metals - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	C$28.92 M	492.73%
2023-06-30	C$4.88 M	-70.86%
2022-06-30	C$16.74 M	125.95%
2021-06-30	C$7.41 M	234.01%
2020-06-30	C$2.21 M	-42.38%
2019-06-30	C$3.85 M	0.29%
2018-06-30	C$3.83 M	70.82%
2017-06-30	C$2.24 M	-16.73%
2016-06-30	C$2.69 M	165.96%
2015-06-30	C$1.01 M	-66.66%
2014-06-30	C$3.04 M	52.01%
2013-06-30	C$2 M	-15.09%
2012-06-30	C$2.35 M	-14.47%
2011-06-30	C$2.75 M	343.34%
2010-06-30	C$0.62 M	-52.68%
2009-06-30	C$1.31 M	-61.11%
2008-06-30	C$3.37 M	-38.9%
2007-06-30	C$5.53 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Sovereign Metals (SVM.AX) - Cash on Hand