CMRZF (Commerce Resources) Market Cap: $24.13 Mil (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CMRZF Commerce Resources Corp CMRZF
15 GF Score
Price $0.09
View Full Analysis

What is Commerce Resources Market Cap?

Commerce Resources CMRZF 15 Market Cap is $24.13 Mil as of Aug. 19, 2026. GuruFocus rates CMRZF with a GF Score™ of 15/100. Among 2,684 Metals & Mining companies, Commerce Resources ranks worse than 59.13% 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). Commerce Resources's share price for the quarter that ended in Apr. 2026 was $0. Commerce Resources's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 212.02 Mil. Therefore, Commerce Resources's market cap for the quarter that ended in Apr. 2026 was $0.00 Mil.

Commerce Resources's quarterly market cap declined from Oct. 2025 ($25.44 Mil) to Jan. 2026 ($0.00 Mil) but then stayed the same from Jan. 2026 ($0.00 Mil) to Apr. 2026 ($0.00 Mil).

Commerce Resources's annual market cap increased from Oct. 2023 ($13.61 Mil) to Oct. 2024 ($19.82 Mil) and increased from Oct. 2024 ($19.82 Mil) to Oct. 2025 ($25.44 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. Commerce Resources's Enterprise Value for Today is $25.24 Mil.


Commerce Resources  (OTCPK:CMRZF) 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 company’s 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.


Commerce Resources Market Cap Related Terms


Commerce Resources Market Cap Historical Data

* Premium members only.

The historical data trend for Commerce Resources'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.

Commerce Resources Market Cap Chart

Commerce Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 8.34 13.61 19.82 25.44

Commerce Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Market Cap 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 10.07 13.61 25.44 0.00 0.00

Commerce Resources Market Cap Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Commerce Resources'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.


Commerce Resources Market Cap vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Commerce Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Commerce Resources's Market Cap falls into.


CMRZF
15GF Score
Commerce Resources Corp CMRZF
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commerce Resources Market Cap Calculation

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.

Commerce Resources's Market Cap for the fiscal year that ended in Oct. 2025 is calculated as

Market Cap (A: Oct. 2025 )=Share Price (A: Oct. 2025 )*Shares Outstanding (EOP) (A: Oct. 2025 )
=$0.12*212.022
=$

Commerce Resources's Market Cap for the quarter that ended in Apr. 2026 is calculated as

Market Cap (Q: Apr. 2026 )=Share Price (Q: Apr. 2026 )*Shares Outstanding (EOP) (Q: Apr. 2026 )
=$0*212.022
=$0.00

* 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 Market Cap →
What does a Market Cap of $24.13 Mil mean?
Commerce Resources (CMRZF) has a Market Cap of $24.13 Mil as of Aug. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Commerce Resources and its competitors. According to the industry distribution chart, Commerce Resources ranks #1587 out of 2684 companies in the Metals & Mining industry, placing it in the top 59.1%.
Is Commerce Resources' Market Cap too high?
Commerce Resources' current Market Cap is $24.13 Mil. The Metals & Mining industry median Market Cap is 23.89. Commerce Resources' value of $24.13 Mil is 1% above this industry median. Based on the distribution chart, Commerce Resources ranks #1587 out of 2684 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Commerce Resources has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Commerce Resources' Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Commerce Resources ranks #1587 out of 2684 companies for Market Cap. This places Commerce Resources in the lower half of its industry. The industry median Market Cap is 23.89. Commerce Resources' value of $24.13 Mil is 1% above 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 23.89, based on 2,684 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. Commerce Resources's current Market Cap of $24.13 Mil is 1% above 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 Commerce Resources and its competitors. For the Metals & Mining industry, the median Market Cap is 23.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce Resources's current Market Cap is $24.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Resources stock overvalued right now?
Commerce Resources (CMRZF) has a current Market Cap of $24.13 Mil. The current Market Cap is $24.13 Mil and 1% above the Metals & Mining industry median of 23.89. Commerce Resources' overall GF Score™ is 15/100. 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 Commerce Resources (CMRZF), the current Market Cap is $24.13 Mil as of Aug. 19, 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.

Commerce Resources Business Description

Address 2 Bligh Street, Level 8, SYDNEY, NSW, AUS, 2000
Mont Royal Resources Ltd is a critical minerals development and exploration company with projects in Quebec, Canada. Company's projects include also includes the Eldor Niobium Project, located adjacent to Ashram, and the Northern Lights Lithium Project, located in the world-class James Bay region of Quebec, creating a diversified platform aligned the clean energy transition.
15GF Score

Get the complete analysis for CMRZF

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

$0.09
Price