Iron RoadIRNRF -35.63% Market Cap is $6.95 Mil as of Jul. 06, 2026. The stock has 2 warning signs investors should review. Among 640 Steel companies, Iron Road ranks worse than 87.19% 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). Iron Road's share price for the quarter that ended in Dec. 2025 was $0.03. Iron Road's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 832.19 Mil. Therefore, Iron Road's market cap for the quarter that ended in Dec. 2025 was $24.97 Mil.
Iron Road's quarterly market cap
declined
from Dec. 2024 ($28.79 Mil) to Jun. 2025 ($20.56 Mil) but then
increased
from Jun. 2025 ($20.56 Mil) to Dec. 2025 ($24.97 Mil).
Iron Road's annual market cap
declined
from Jun. 2023 ($40.59 Mil) to Jun. 2024 ($28.79 Mil) and
declined
from Jun. 2024 ($28.79 Mil) to Jun. 2025 ($20.56 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. Iron Road's Enterprise Value for Today is $5.73 Mil.
Iron Road (OTCPK:IRNRF) 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.
Iron Road Market Cap Related Terms
Iron Road Market Cap Historical Data
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The historical data trend for Iron Road'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 Steel subindustry, Iron Road'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.
Iron Road Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Iron Road's Market Cap distribution charts can be found below:
* The bar in red indicates where Iron Road'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.
Iron Road's Market Cap for the fiscal year that ended in Jun. 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.
Iron Road (IRNRF) has a Market Cap of $6.95 Mil as of Jul. 06, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Iron Road and its competitors. According to the industry distribution chart, Iron Road ranks #558 out of 640 companies in the Steel industry, placing it in the top 87.2%.
Is Iron Road's Market Cap too high?
Iron Road's current Market Cap is $6.95 Mil. The Steel industry median Market Cap is 99.24. Iron Road's value of $6.95 Mil is 93% below this industry median. Based on the distribution chart, Iron Road ranks #558 out of 640 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Iron Road's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Iron Road ranks #558 out of 640 companies for Market Cap. This places Iron Road in the lower half of its industry. The industry median Market Cap is 99.24. Iron Road's value of $6.95 Mil is 93% 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 Steel company?
The median Market Cap among Steel companies is 99.24, based on 640 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. Iron Road's current Market Cap of $6.95 Mil is 93% 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 Iron Road and its competitors. For the Steel industry, the median Market Cap is 99.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Road's current Market Cap is $6.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Road stock overvalued right now?
Iron Road (IRNRF) has a current Market Cap of $6.95 Mil. The current Market Cap is $6.95 Mil and 93% below the Steel industry median of 99.24. 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 Iron Road (IRNRF), the current Market Cap is $6.95 Mil as of Jul. 06, 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.
Iron Road Ltd. is a mineral exploration company which explores iron ore in Australia. The projects of the company include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.
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