HRFEF (Harfang Exploration) Market Cap: $3.53 Mil (As of Jun. 28, 2026)


What is Harfang Exploration Market Cap?

Harfang Exploration HRFEF Market Cap is $3.53 Mil as of Jun. 28, 2026. The stock has 2 warning signs investors should review. Among 2,686 Metals & Mining companies, Harfang Exploration ranks worse than 82.95% 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). Harfang Exploration's share price for the quarter that ended in Apr. 2026 was $0.04. Harfang Exploration's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 100.44 Mil. Therefore, Harfang Exploration's market cap for the quarter that ended in Apr. 2026 was $4.02 Mil.

Harfang Exploration's quarterly market cap declined from Oct. 2025 ($18.47 Mil) to Jan. 2026 ($6.23 Mil) and declined from Jan. 2026 ($6.23 Mil) to Apr. 2026 ($4.02 Mil).

Harfang Exploration's annual market cap declined from Jan. 2024 ($6.27 Mil) to Jan. 2025 ($4.40 Mil) but then increased from Jan. 2025 ($4.40 Mil) to Jan. 2026 ($6.23 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. Harfang Exploration's Enterprise Value for Today is $3.02 Mil.


Harfang Exploration  (OTCPK:HRFEF) 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.


Harfang Exploration Market Cap Related Terms


Harfang Exploration Market Cap Historical Data

* Premium members only.

The historical data trend for Harfang Exploration'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.

Harfang Exploration Market Cap Chart

Harfang Exploration Annual Data
Trend Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 10.86 6.27 4.40 6.23

Harfang Exploration 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 4.97 4.40 18.47 6.23 4.02

Harfang Exploration Market Cap Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Harfang Exploration'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.


Harfang Exploration Market Cap vs Metals & Mining Industry

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

* The bar in red indicates where Harfang Exploration's Market Cap falls into.



Harfang Exploration 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.

Harfang Exploration's Market Cap for the fiscal year that ended in Jan. 2026 is calculated as

Market Cap (A: Jan. 2026 )=Share Price (A: Jan. 2026 )*Shares Outstanding (EOP) (A: Jan. 2026 )
=$0.062*100.436
=$6.23

Harfang Exploration'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 )
=$0.04*100.436
=$4.02

* 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 $3.53 Mil mean?
Harfang Exploration (HRFEF) has a Market Cap of $3.53 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Harfang Exploration and its competitors. According to the industry distribution chart, Harfang Exploration ranks #2228 out of 2686 companies in the Metals & Mining industry, placing it in the top 82.9%.
Is Harfang Exploration's Market Cap too high?
Harfang Exploration's current Market Cap is $3.53 Mil. The Metals & Mining industry median Market Cap is 21.68. Harfang Exploration's value of $3.53 Mil is 83.7% below this industry median. Based on the distribution chart, Harfang Exploration ranks #2228 out of 2686 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Harfang Exploration's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Harfang Exploration ranks #2228 out of 2686 companies for Market Cap. This places Harfang Exploration in the lower half of its industry. The industry median Market Cap is 21.68. Harfang Exploration's value of $3.53 Mil is 83.7% 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. Harfang Exploration's current Market Cap of $3.53 Mil is 83.7% 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 Harfang Exploration 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. Harfang Exploration's current Market Cap is $3.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harfang Exploration stock overvalued right now?
Harfang Exploration (HRFEF) has a current Market Cap of $3.53 Mil. The current Market Cap is $3.53 Mil and 83.7% below the Metals & Mining industry median of 21.68. 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 Harfang Exploration (HRFEF), the current Market Cap is $3.53 Mil as of Jun. 28, 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.

Harfang Exploration Business Description

Other Exchanges HAR:Canada
Address 1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company, is in the business of acquiring and exploring mineral properties in Canada. Its focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northern Ontario for gold.