Midland ExplorationMIDLF 34 Market Cap is $32.93 Mil as of Jun. 27, 2026. GuruFocus rates MIDLF with a GF Score™ of 34/100 and a GF Value™ of $0.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,688 Metals & Mining companies, Midland Exploration ranks better than 56.66% 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). Midland Exploration's share price for the quarter that ended in Mar. 2026 was $0.3201. Midland Exploration's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 112.97 Mil. Therefore, Midland Exploration's market cap for the quarter that ended in Mar. 2026 was $36.16 Mil.
Midland Exploration's quarterly market cap
increased
from Sep. 2025 ($39.76 Mil) to Dec. 2025 ($45.19 Mil) but then
declined
from Dec. 2025 ($45.19 Mil) to Mar. 2026 ($36.16 Mil).
Midland Exploration's annual market cap
declined
from Sep. 2023 ($30.35 Mil) to Sep. 2024 ($26.06 Mil) but then
increased
from Sep. 2024 ($26.06 Mil) to Sep. 2025 ($39.76 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. Midland Exploration's Enterprise Value for Today is $27.72 Mil.
Midland Exploration (OTCPK:MIDLF) 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.
Midland Exploration Market Cap Related Terms
Midland Exploration Market Cap Historical Data
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The historical data trend for Midland 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.
Midland Exploration Market Cap Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Midland 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.
Midland Exploration Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Midland Exploration's Market Cap distribution charts can be found below:
* The bar in red indicates where Midland 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.
Midland Exploration's Market Cap for the fiscal year that ended in Sep. 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.
Midland Exploration (MIDLF) has a Market Cap of $32.93 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Midland Exploration and its competitors. According to the industry distribution chart, Midland Exploration ranks #1165 out of 2688 companies in the Metals & Mining industry, placing it in the top 43.3%.
Is Midland Exploration's Market Cap too high?
Midland Exploration's current Market Cap is $32.93 Mil. The Metals & Mining industry median Market Cap is 21.64. Midland Exploration's value of $32.93 Mil is 52.2% above this industry median. Based on the distribution chart, Midland Exploration ranks #1165 out of 2688 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Midland Exploration has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Midland Exploration's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Midland Exploration ranks #1165 out of 2688 companies for Market Cap. This puts Midland Exploration in the upper half of its industry. The industry median Market Cap is 21.64. Midland Exploration's value of $32.93 Mil is 52.2% 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 21.64, 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. Midland Exploration's current Market Cap of $32.93 Mil is 52.2% 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 Midland 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. Midland Exploration's current Market Cap is $32.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland Exploration stock overvalued right now?
Based on GuruFocus' analysis, Midland Exploration (MIDLF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.42, compared to a current price of $0.29 — trading 31.4% below its estimated fair value. The current Market Cap is $32.93 Mil and 52.2% above the Metals & Mining industry median of 21.64. Midland Exploration's overall GF Score™ is 34/100 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 Midland Exploration (MIDLF), the current Market Cap is $32.93 Mil as of Jun. 27, 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.
Is Midland Exploration (MIDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Midland Exploration stock appears to be undervalued.
The current stock price of $0.29 is trading 31.4% below its estimated GF Value™ of $0.42.
GuruFocus considers Midland Exploration to be Possible Value Trap.
Key valuation signals for MIDLF:
Market Cap: $32.93 Mil
GF Value™: $0.42 vs. price of $0.29 (31.4% below fair value)
Industry Position: 52.2% above the Metals & Mining median (#1165 of 2688)
No single metric tells the full story. See the MIDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Midland Exploration Inc is a company engaged in the mining exploration business. The Corporation's operations include the acquisition and exploration of mining properties and it currently operates in a single segment, being the acquisition, exploration, and evaluation of exploration properties. All of the corporation's activities are conducted in Canada. Its projects include Casault, Heva, Jouvex, Lac Esther, Laflamme, Tete-Nord, and others.
34GF Score
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