XXIX Metal (TSXV:XXIX) Enterprise Value: C$28.15 Mil (As of Jul. 02, 2026) ***


TSXV:XXIX XXIX Metal Corp TSXV:XXIX
35 GF Score
Price C$0.12
! 2 Warning Signs
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What is XXIX Metal Enterprise Value?

XXIX Metal TSXV:XXIX 35 Enterprise Value is C$28.15 Mil as of Jul. 02, 2026. GuruFocus rates TSXV:XXIX with a GF Score™ of 35/100. The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, XXIX Metal's Enterprise Value is C$28.15 Mil. XXIX Metal's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was C$-6.09 Mil. Therefore, XXIX Metal's EV-to-EBIT ratio for today is -4.62.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, XXIX Metal's Enterprise Value is C$28.15 Mil. XXIX Metal's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$-6.03 Mil. Therefore, XXIX Metal's EV-to-EBITDA ratio for today is -4.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, XXIX Metal's Enterprise Value is C$28.15 Mil. XXIX Metal's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was C$0.00 Mil. Therefore, XXIX Metal's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, XXIX Metal's Enterprise Value is C$28.15 Mil. XXIX Metal's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was C$-5.29 Mil. Therefore, XXIX Metal's EV-to-OCF ratio for today is -5.32.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, XXIX Metal's Enterprise Value is C$28.15 Mil. XXIX Metal's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was C$-5.30 Mil. Therefore, XXIX Metal's EV-to-FCF ratio for today is -5.31.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


XXIX Metal  (TSXV:XXIX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

XXIX Metal's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=28.146/-6.09
=-4.62

XXIX Metal's current Enterprise Value is C$28.15 Mil.
XXIX Metal's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.09 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

XXIX Metal's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=28.146/-6.031
=-4.67

XXIX Metal's current Enterprise Value is C$28.15 Mil.
XXIX Metal's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-6.03 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

XXIX Metal's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=28.146/0
=

XXIX Metal's current Enterprise Value is C$28.15 Mil.
XXIX Metal's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

XXIX Metal's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=28.146/-5.288
=-5.32

XXIX Metal's current Enterprise Value is C$28.15 Mil.
XXIX Metal's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.29 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

XXIX Metal's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=28.146/-5.301
=-5.31

XXIX Metal's current Enterprise Value is C$28.15 Mil.
XXIX Metal's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.30 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


XXIX Metal Enterprise Value Related Terms


XXIX Metal Enterprise Value Historical Data

* Premium members only.

The historical data trend for XXIX Metal's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

XXIX Metal Enterprise Value Chart

XXIX Metal Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
Get a 7-Day Free Trial 31.53 7.22 11.50 16.35 32.29

XXIX Metal Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.24 19.12 32.29 33.09 30.24

TSXV:XXIX vs SCCO, FCX: Enterprise Value Comparison

For the Copper subindustry, XXIX Metal's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XXIX Metal Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, XXIX Metal's Enterprise Value distribution charts can be found below:

* The bar in red indicates where XXIX Metal's Enterprise Value falls into.


TSXV:XXIX
35GF Score
XXIX Metal Corp TSXV:XXIX
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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XXIX Metal Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

XXIX Metal's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

XXIX Metal's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of C$28.15 Mil mean?
XXIX Metal (TSXV:XXIX) has a Enterprise Value of C$28.15 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on XXIX Metal and its competitors.
Is XXIX Metal's Enterprise Value too high?
XXIX Metal's current Enterprise Value is C$28.15 Mil. Overall, XXIX Metal has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Enterprise Value compare to SCCO and FCX?
XXIX Metal's Enterprise Value of C$28.15 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on XXIX Metal and its competitors. XXIX Metal's current Enterprise Value is C$28.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Enterprise Value of C$28.15 Mil. The current Enterprise Value is C$28.15 Mil. XXIX Metal's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For XXIX Metal (TSXV:XXIX), the current Enterprise Value is C$28.15 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

XXIX Metal Business Description

Other Exchanges QCCUF:USA5LW0:Germany
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN, M5H 3L5
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
35GF Score

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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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