Athena GoldAHNRF -5.43%28 Market Cap is $7.32 Mil as of Jul. 08, 2026. GuruFocus rates AHNRF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,681 Metals & Mining companies, Athena Gold ranks worse than 69.68% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Athena Gold's share price for the quarter that ended in Mar. 2026 was $0.3762. Athena Gold's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 35.82 Mil. Therefore, Athena Gold's market cap for the quarter that ended in Mar. 2026 was $13.48 Mil.
Athena Gold's quarterly market cap
increased
from Sep. 2025 ($11.09 Mil) to Dec. 2025 ($15.78 Mil) but then
declined
from Dec. 2025 ($15.78 Mil) to Mar. 2026 ($13.48 Mil).
Athena Gold's annual market cap
increased
from Dec. 2023 ($4.51 Mil) to Dec. 2024 ($6.82 Mil) and
increased
from Dec. 2024 ($6.82 Mil) to Dec. 2025 ($15.78 Mil).
Enterprise Value is 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 and cash equivalents. Athena Gold's Enterprise Value for Today is $2.72 Mil.
Athena Gold (OTCPK:AHNRF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Athena Gold Market Cap Related Terms
Athena Gold Market Cap Historical Data
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The historical data trend for Athena Gold's Market Cap 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.
For the Other Precious Metals & Mining subindustry, Athena Gold's Market Cap, along with its competitors' market caps and Market Cap 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.
Athena Gold Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Athena Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Athena Gold's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Athena Gold's Market Cap for the fiscal year that ended in Dec. 2025 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.
Athena Gold (AHNRF) has a Market Cap of $7.32 Mil as of Jul. 08, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Athena Gold and its competitors. According to the industry distribution chart, Athena Gold ranks #1868 out of 2681 companies in the Metals & Mining industry, placing it in the top 69.7%.
Is Athena Gold's Market Cap too high?
Athena Gold's current Market Cap is $7.32 Mil. The Metals & Mining industry median Market Cap is 22.10. Athena Gold's value of $7.32 Mil is 66.9% below this industry median. Based on the distribution chart, Athena Gold ranks #1868 out of 2681 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Athena Gold has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Athena Gold's Market Cap compare to HL?
According to the Metals & Mining industry distribution chart, Athena Gold ranks #1868 out of 2681 companies for Market Cap. This places Athena Gold in the lower half of its industry. The industry median Market Cap is 22.10. Athena Gold's value of $7.32 Mil is 66.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 22.10, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Athena Gold's current Market Cap of $7.32 Mil is 66.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Athena Gold and its competitors. For the Metals & Mining industry, the median Market Cap is 22.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athena Gold's current Market Cap is $7.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athena Gold stock overvalued right now?
Athena Gold (AHNRF) has a current Market Cap of $7.32 Mil. The current Market Cap is $7.32 Mil and 66.9% below the Metals & Mining industry median of 22.10. Athena Gold's overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Athena Gold (AHNRF), the current Market Cap is $7.32 Mil as of Jul. 08, 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.
Athena Gold Corp is focused on the exploration and development of precious metals in the Western United States. Its core holding is Excelsior Springs Project in Nevada's Walker Lane Gold District. Its recently acquired Laird Lake project is located in the heart of Ontario's Red Lake Gold District, covering 4,158 hectares along more than 10 km of the Balmer-Confederation Assemblage contact, where recent surface sampling results returned up to 373 g/t Au.
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