NextSource MaterialsNSRCF -3.89%29 Market Cap is $56.20 Mil as of Jun. 30, 2026. GuruFocus rates NSRCF with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 2,685 Metals & Mining companies, NextSource Materials ranks better than 63.43% on this metric.
NextSource Materials's quarterly market cap
declined
from Sep. 2025 ($55.47 Mil) to Dec. 2025 ($46.28 Mil) but then
increased
from Dec. 2025 ($46.28 Mil) to Mar. 2026 ($48.36 Mil).
NextSource Materials's annual market cap
declined
from Jun. 2023 ($226.87 Mil) to Jun. 2024 ($100.99 Mil) and
declined
from Jun. 2024 ($100.99 Mil) to Jun. 2025 ($33.12 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. NextSource Materials's Enterprise Value for Today is $81.65 Mil.
NextSource Materials (OTCPK:NSRCF) 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.
NextSource Materials Market Cap Related Terms
NextSource Materials Market Cap Historical Data
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The historical data trend for NextSource Materials'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.
NextSource Materials Market Cap Competitor Comparison
For the Other Industrial Metals & Mining subindustry, NextSource Materials'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.
NextSource Materials Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NextSource Materials's Market Cap distribution charts can be found below:
* The bar in red indicates where NextSource Materials'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.
NextSource Materials'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.
NextSource Materials (NSRCF) has a Market Cap of $56.20 Mil as of Jun. 30, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NextSource Materials and its competitors. According to the industry distribution chart, NextSource Materials ranks #982 out of 2685 companies in the Metals & Mining industry, placing it in the top 36.6%.
Is NextSource Materials' Market Cap too high?
NextSource Materials' current Market Cap is $56.20 Mil. The Metals & Mining industry median Market Cap is 21.72. NextSource Materials' value of $56.20 Mil is 158.7% above this industry median. Based on the distribution chart, NextSource Materials ranks #982 out of 2685 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, NextSource Materials has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, NextSource Materials ranks #982 out of 2685 companies for Market Cap. This puts NextSource Materials in the upper half of its industry. The industry median Market Cap is 21.72. NextSource Materials' value of $56.20 Mil is 158.7% 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 21.72, based on 2,685 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. NextSource Materials's current Market Cap of $56.20 Mil is 158.7% 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 NextSource Materials and its competitors. For the Metals & Mining industry, the median Market Cap is 21.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextSource Materials's current Market Cap is $56.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (NSRCF) has a current Market Cap of $56.20 Mil. The current Market Cap is $56.20 Mil and 158.7% above the Metals & Mining industry median of 21.72. NextSource Materials' overall GF Score™ is 29/100 with 7 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 NextSource Materials (NSRCF), the current Market Cap is $56.20 Mil as of Jun. 30, 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.
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
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