Primary HydrogenHNATF +5.05%15 Market Cap is $3.46 Mil as of Jun. 29, 2026. GuruFocus rates HNATF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 2,686 Metals & Mining companies, Primary Hydrogen ranks worse than 83.58% 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). Primary Hydrogen's share price for the quarter that ended in Feb. 2026 was $0. Primary Hydrogen's Shares Outstanding (EOP) for the quarter that ended in Feb. 2026 was 4.92 Mil. Therefore, Primary Hydrogen's market cap for the quarter that ended in Feb. 2026 was $0.00 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. Primary Hydrogen's Enterprise Value for Today is $2.28 Mil.
Primary Hydrogen (OTCPK:HNATF) 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.
Primary Hydrogen Market Cap Related Terms
Primary Hydrogen Market Cap Historical Data
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The historical data trend for Primary Hydrogen'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, Primary Hydrogen'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.
Primary Hydrogen Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Primary Hydrogen's Market Cap distribution charts can be found below:
* The bar in red indicates where Primary Hydrogen'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.
Primary Hydrogen's Market Cap for the fiscal year that ended in Nov. 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.
Primary Hydrogen (HNATF) has a Market Cap of $3.46 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Primary Hydrogen and its competitors. According to the industry distribution chart, Primary Hydrogen ranks #2245 out of 2686 companies in the Metals & Mining industry, placing it in the top 83.6%.
Is Primary Hydrogen's Market Cap too high?
Primary Hydrogen's current Market Cap is $3.46 Mil. The Metals & Mining industry median Market Cap is 21.68. Primary Hydrogen's value of $3.46 Mil is 84% below this industry median. Based on the distribution chart, Primary Hydrogen ranks #2245 out of 2686 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Primary Hydrogen has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Primary Hydrogen's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Primary Hydrogen ranks #2245 out of 2686 companies for Market Cap. This places Primary Hydrogen in the lower half of its industry. The industry median Market Cap is 21.68. Primary Hydrogen's value of $3.46 Mil is 84% 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 21.68, based on 2,686 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. Primary Hydrogen's current Market Cap of $3.46 Mil is 84% 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 Primary Hydrogen and its competitors. For the Metals & Mining industry, the median Market Cap is 21.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primary Hydrogen's current Market Cap is $3.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Hydrogen stock overvalued right now?
Primary Hydrogen (HNATF) has a current Market Cap of $3.46 Mil. The current Market Cap is $3.46 Mil and 84% below the Metals & Mining industry median of 21.68. Primary Hydrogen's overall GF Score™ is 15/100 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 Primary Hydrogen (HNATF), the current Market Cap is $3.46 Mil as of Jun. 29, 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.
Primary Hydrogen Corp. is engaged in the acquisition, exploration, and development of natural hydrogen properties. The group has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Point Rosie, Gaspe Ophiolite, Coquihalla, Cogburn, and Crooked Amphibolite. The Marys Harbour and Point Rosie properties are located in Southern Newfoundland and Labrador. The Coquihalla, Cogburn, and Crooked Amphibolite properties are located in Southern British Columbia. The Gaspe Ophiolite property is located in Southern Quebec.
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