First PhosphateFRSPF -5.30%30 Market Cap is $233.00 Mil as of Jun. 25, 2026. GuruFocus rates FRSPF with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,687 Metals & Mining companies, First Phosphate ranks better than 78.53% 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). First Phosphate's share price for the quarter that ended in Nov. 2025 was $0.585. First Phosphate's Shares Outstanding (EOP) for the quarter that ended in Nov. 2025 was 151.22 Mil. Therefore, First Phosphate's market cap for the quarter that ended in Nov. 2025 was $88.46 Mil.
First Phosphate's quarterly market cap
increased
from May. 2025 ($26.49 Mil) to Aug. 2025 ($42.48 Mil) and
increased
from Aug. 2025 ($42.48 Mil) to Nov. 2025 ($88.46 Mil).
First Phosphate's annual market cap
increased
from Feb. 2023 ($0.00 Mil) to Feb. 2024 ($14.76 Mil) and
increased
from Feb. 2024 ($14.76 Mil) to Feb. 2025 ($17.99 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. First Phosphate's Enterprise Value for Today is $218.94 Mil.
First Phosphate (OTCPK:FRSPF) 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.
First Phosphate Market Cap Related Terms
First Phosphate Market Cap Historical Data
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The historical data trend for First Phosphate'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 Industrial Metals & Mining subindustry, First Phosphate'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.
First Phosphate Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Phosphate's Market Cap distribution charts can be found below:
* The bar in red indicates where First Phosphate'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.
First Phosphate's Market Cap for the fiscal year that ended in Feb. 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.
First Phosphate (FRSPF) has a Market Cap of $233.00 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Phosphate and its competitors. According to the industry distribution chart, First Phosphate ranks #577 out of 2687 companies in the Metals & Mining industry, placing it in the top 21.5%.
Is First Phosphate's Market Cap too high?
First Phosphate's current Market Cap is $233.00 Mil. The Metals & Mining industry median Market Cap is 21.51. First Phosphate's value of $233.00 Mil is 983% above this industry median. Based on the distribution chart, First Phosphate ranks #577 out of 2687 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Phosphate has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, First Phosphate ranks #577 out of 2687 companies for Market Cap. This places First Phosphate in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.51. First Phosphate's value of $233.00 Mil is 983% 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 21.51, based on 2,687 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. First Phosphate's current Market Cap of $233.00 Mil is 983% 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 First Phosphate and its competitors. For the Metals & Mining industry, the median Market Cap is 21.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Phosphate's current Market Cap is $233.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (FRSPF) has a current Market Cap of $233.00 Mil. The current Market Cap is $233.00 Mil and 983% above the Metals & Mining industry median of 21.51. First Phosphate's overall GF Score™ is 30/100 with 2 warning signs 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 First Phosphate (FRSPF), the current Market Cap is $233.00 Mil as of Jun. 25, 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.
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
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