Black Spruce ExplorationLOMEF Market Cap is $0.97 Mil as of Jun. 26, 2026. The stock has 2 warning signs investors should review. Among 2,688 Metals & Mining companies, Black Spruce Exploration ranks worse than 96.13% on this metric.
Black Spruce Exploration's quarterly market cap
increased
from Sep. 2025 ($0.93 Mil) to Dec. 2025 ($1.11 Mil) but then
declined
from Dec. 2025 ($1.11 Mil) to Mar. 2026 ($0.92 Mil).
Black Spruce Exploration's annual market cap
declined
from Jun. 2023 ($13.49 Mil) to Jun. 2024 ($1.20 Mil) and
declined
from Jun. 2024 ($1.20 Mil) to Jun. 2025 ($0.58 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. Black Spruce Exploration's Enterprise Value for Today is $1.69 Mil.
Black Spruce Exploration (OTCPK:LOMEF) 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.
Black Spruce Exploration Market Cap Related Terms
Black Spruce Exploration Market Cap Historical Data
* 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.
Black Spruce Exploration Market Cap Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Spruce 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.
Black Spruce Exploration Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Spruce Exploration's Market Cap distribution charts can be found below:
* The bar in red indicates where Black Spruce Exploration'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.
Black Spruce Exploration'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.
Black Spruce Exploration (LOMEF) has a Market Cap of $0.97 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Black Spruce Exploration and its competitors. According to the industry distribution chart, Black Spruce Exploration ranks #2584 out of 2688 companies in the Metals & Mining industry, placing it in the top 96.1%.
Is Black Spruce Exploration's Market Cap too high?
Black Spruce Exploration's current Market Cap is $0.97 Mil. The Metals & Mining industry median Market Cap is 21.64. Black Spruce Exploration's value of $0.97 Mil is 95.5% below this industry median. Based on the distribution chart, Black Spruce Exploration ranks #2584 out of 2688 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Black Spruce Exploration's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Black Spruce Exploration ranks #2584 out of 2688 companies for Market Cap. This places Black Spruce Exploration in the lower half of its industry. The industry median Market Cap is 21.64. Black Spruce Exploration's value of $0.97 Mil is 95.5% 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 21.64, based on 2,688 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. Black Spruce Exploration's current Market Cap of $0.97 Mil is 95.5% 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 Black Spruce Exploration and its competitors. For the Metals & Mining industry, the median Market Cap is 21.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Spruce Exploration's current Market Cap is $0.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spruce Exploration stock overvalued right now?
Black Spruce Exploration (LOMEF) has a current Market Cap of $0.97 Mil. The current Market Cap is $0.97 Mil and 95.5% below the Metals & Mining industry median of 21.64. 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 Black Spruce Exploration (LOMEF), the current Market Cap is $0.97 Mil as of Jun. 26, 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.
Black Spruce Exploration Inc, formerly Lithium One Metals Inc is engaged in the exploration and evaluation of resource properties in North America. It is a lithium explorer with its projects in Ontario and Quebec, and its projects include Sirmac Property, Taycan Property, Root South Property, Sharp Property, and others.
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