Canada Nickel Co (TSXV:CNC) Market Cap: C$374.25 Mil (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:CNC Canada Nickel Co Inc TSXV:CNC
37 GF Score
Price C$1.53
! 1 Warning Sign
View Full Analysis

What is Canada Nickel Co Market Cap?

Canada Nickel Co TSXV:CNC -3.16% 37 Market Cap is C$374.25 Mil as of Aug. 03, 2026. GuruFocus rates TSXV:CNC with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 2,688 Metals & Mining companies, Canada Nickel Co ranks better than 79.91% 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). Canada Nickel Co's share price for the quarter that ended in Apr. 2026 was C$1.8. Canada Nickel Co's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 240.87 Mil. Therefore, Canada Nickel Co's market cap for the quarter that ended in Apr. 2026 was C$433.57 Mil.

Canada Nickel Co's quarterly market cap increased from Oct. 2025 (C$258.60 Mil) to Jan. 2026 (C$478.03 Mil) but then declined from Jan. 2026 (C$478.03 Mil) to Apr. 2026 (C$433.57 Mil).

Canada Nickel Co's annual market cap increased from Oct. 2023 (C$160.26 Mil) to Oct. 2024 (C$184.85 Mil) and increased from Oct. 2024 (C$184.85 Mil) to Oct. 2025 (C$258.60 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. Canada Nickel Co's Enterprise Value for Today is C$419.43 Mil.


Canada Nickel Co  (TSXV:CNC) 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.


Canada Nickel Co Market Cap Related Terms


Canada Nickel Co Market Cap Historical Data

* Premium members only.

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co Market Cap Chart

Canada Nickel Co Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Market Cap
Get a 7-Day Free Trial 258.08 161.69 160.26 184.85 258.60

Canada Nickel Co 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 184.83 172.33 258.60 478.03 433.57

Canada Nickel Co Market Cap Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co'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.


Canada Nickel Co Market Cap vs Metals & Mining Industry

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

* The bar in red indicates where Canada Nickel Co's Market Cap falls into.


TSXV:CNC
37GF Score
Canada Nickel Co Inc TSXV:CNC
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Nickel Co 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.

Canada Nickel Co's Market Cap for the fiscal year that ended in Oct. 2025 is calculated as

Market Cap (A: Oct. 2025 )=Share Price (A: Oct. 2025 )*Shares Outstanding (EOP) (A: Oct. 2025 )
=C$1.19*217.311
=C$258.60

Canada Nickel Co'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 )
=C$1.8*240.871
=C$433.57

* 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 C$374.25 Mil mean?
Canada Nickel Co (TSXV:CNC) has a Market Cap of C$374.25 Mil as of Aug. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Canada Nickel Co and its competitors. According to the industry distribution chart, Canada Nickel Co ranks #540 out of 2688 companies in the Metals & Mining industry, placing it in the top 20.1%.
Is Canada Nickel Co's Market Cap too high?
Canada Nickel Co's current Market Cap is C$374.25 Mil. Based on the distribution chart, Canada Nickel Co ranks #540 out of 2688 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Canada Nickel Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Canada Nickel Co's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Canada Nickel Co ranks #540 out of 2688 companies for Market Cap. This places Canada Nickel Co in the top 20% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.39. 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 21.39, 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. 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 Canada Nickel Co and its competitors. For the Metals & Mining industry, the median Market Cap is 21.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Nickel Co's current Market Cap is C$374.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Nickel Co stock overvalued right now?
Canada Nickel Co (TSXV:CNC) has a current Market Cap of C$374.25 Mil. The current Market Cap is C$374.25 Mil. Canada Nickel Co's overall GF Score™ is 37/100 with 1 warning sign 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 Canada Nickel Co (TSXV:CNC), the current Market Cap is C$374.25 Mil as of Aug. 03, 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.

Canada Nickel Co Business Description

Other Exchanges CNIKF:USA4E0:Germany
Address 130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3
Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions.
37GF Score

Get the complete analysis for TSXV:CNC

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.53
Price