# DETERRA ROYALTIES LIMITED

> Australian public company

**Wikidata**: [Q109625724](https://www.wikidata.org/wiki/Q109625724)  
**Source**: https://4ort.xyz/entity/deterra-royalties-limited

## Summary
DETERRA ROYALTIES LIMITED is an Australian public company whose shares are offered for sale to the general public. Listed on the Australian Securities Exchange (ASX) under the ticker symbol DRR, the entity allows a wide pool of investors to buy and sell its ownership stakes. As of November 18, 2021, the company held a market capitalization of 2,140,437,668 Australian dollars.

## Key Facts
*   **Official Name:** DETERRA ROYALTIES LIMITED
*   **Entity Classification:** Australian public company (a subtype of joint-stock company and enterprise).
*   **Stock Exchange Listing:** Australian Securities Exchange (ASX).
*   **Ticker Symbol:** DRR
*   **Listing Date:** Began trading on the Australian Securities Exchange on October 23, 2020.
*   **Market Capitalization:** 2,140,437,668 Australian dollars (recorded on November 18, 2021).
*   **Data Source:** Company information and financial metrics were sourced from the Australian Securities Exchange directory on November 18, 2021.

## FAQs
**What kind of company is DETERRA ROYALTIES LIMITED?**
It is an Australian publicly traded company, which is a distinct legal form of organization that offers its securities, such as stock, to the general public. This structure allows the company to raise capital from a wide pool of investors rather than a closed group.

**Where is DETERRA ROYALTIES LIMITED traded?**
The company is listed and traded on the Australian Securities Exchange under the stock ticker symbol "DRR". It officially began trading on this public market on October 23, 2020.

**How is DETERRA ROYALTIES LIMITED governed and owned?**
As a public company, its ownership is distributed among general public shareholders rather than being state-owned or government-operated. This corporate structure typically features a board of directors elected by the shareholders to provide governance, separating the owners from day-to-day management.

## Why It Matters
As a publicly traded entity, DETERRA ROYALTIES LIMITED represents a fundamental component of the modern capitalist economy by facilitating large-scale capital formation. By offering its securities on a public market, the company provides liquidity for investors, allowing them to easily buy and sell ownership stakes. Its public listing on the Australian Securities Exchange demands adherence to strict regulatory disclosure and reporting standards, which promotes financial transparency and allows the entity to act as a vehicle for wealth creation and investment within the global economy.

## Notable For
*   Operating as a publicly traded company on the Australian Securities Exchange, which distinguishes it from private companies, state-owned public enterprises, and cooperatives.
*   Having a market capitalization exceeding 2.14 billion Australian dollars as of November 2021.
*   Successfully transitioning to a publicly listed status on October 23, 2020, enabling public distribution of its shares.

## Body

### Definition and Corporate Classification
DETERRA ROYALTIES LIMITED is officially classified as an Australian public company. By definition, a public company is a specific type of joint-stock company that offers its securities—such as stock or bonds—for sale to the general public, typically through a stock exchange. This corporate classification makes DETERRA ROYALTIES LIMITED synonymous with terms like "publicly traded company," "publicly held company," and "listed company." It is an enterprise distinctly separate from a private company, a "public enterprise" (which implies government ownership), or a cooperative.

### Stock Exchange Listing
The company is listed for public trading on the Australian Securities Exchange. It operates on the exchange under the ticker symbol "DRR," having officially started trading on October 23, 2020. Being listed on a public market is the primary characteristic that allows the general public to become owners of the company. 

### Financial Metrics and Valuation
Based on data retrieved from the Australian Securities Exchange directory on November 18, 2021, DETERRA ROYALTIES LIMITED held a market capitalization of exactly 2,140,437,668 Australian dollars. This figure represents the total market value of the company's outstanding shares at that specific point in time, reflecting the scale of the enterprise in the financial markets.

### Ownership Structure
As a publicly held corporation, the ownership of DETERRA ROYALTIES LIMITED is distributed among its shareholders. These shareholders can include a wide array of individuals, institutional investors, or other entities that have purchased its publicly traded securities. The governance of the company is provided by a board of directors typically elected by these shareholders. This establishes a classic corporate structure characterized by a separation of ownership (the public shareholders) and control (the board and management team).

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)