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Lightning ResourceTSXV:LTNG 26 Market Cap is C$14.43 Mil as of Aug. 03, 2026. GuruFocus rates TSXV:LTNG with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,688 Metals & Mining companies, Lightning Resource ranks worse than 62.8% 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). Lightning Resource's share price for the quarter that ended in Mar. 2026 was C$0.6. Lightning Resource's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 29.44 Mil. Therefore, Lightning Resource's market cap for the quarter that ended in Mar. 2026 was C$17.67 Mil.
Lightning Resource's quarterly market cap
increased
from Sep. 2025 (C$12.59 Mil) to Dec. 2025 (C$20.61 Mil) but then
declined
from Dec. 2025 (C$20.61 Mil) to Mar. 2026 (C$17.67 Mil).
Lightning Resource's annual market cap
declined
from Dec. 2023 (C$15.07 Mil) to Dec. 2024 (C$11.44 Mil) but then
increased
from Dec. 2024 (C$11.44 Mil) to Dec. 2025 (C$20.61 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. Lightning Resource's Enterprise Value for Today is C$25.59 Mil.
Lightning Resource (TSXV:LTNG) 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.
Lightning Resource Market Cap Related Terms
Lightning Resource Market Cap Historical Data
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The historical data trend for Lightning Resource'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.
Lightning Resource Market Cap Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lightning Resource'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.
Lightning Resource Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lightning Resource's Market Cap distribution charts can be found below:
* The bar in red indicates where Lightning Resource'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.
Lightning Resource's Market Cap for the fiscal year that ended in Dec. 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.
Lightning Resource (TSXV:LTNG) has a Market Cap of C$14.43 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 Lightning Resource and its competitors. According to the industry distribution chart, Lightning Resource ranks #1688 out of 2688 companies in the Metals & Mining industry, placing it in the top 62.8%.
Is Lightning Resource's Market Cap too high?
Lightning Resource's current Market Cap is C$14.43 Mil. Based on the distribution chart, Lightning Resource ranks #1688 out of 2688 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Lightning Resource has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Lightning Resource's Market Cap compare to competitors?
According to the Metals & Mining industry distribution chart, Lightning Resource ranks #1688 out of 2688 companies for Market Cap. This places Lightning Resource in the lower half of its industry. 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 Lightning Resource 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. Lightning Resource's current Market Cap is C$14.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning Resource stock overvalued right now?
Lightning Resource (TSXV:LTNG) has a current Market Cap of C$14.43 Mil. The current Market Cap is C$14.43 Mil. Lightning Resource's overall GF Score™ is 26/100 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 Lightning Resource (TSXV:LTNG), the current Market Cap is C$14.43 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.
BeMetals Corp is a base and precious metals exploration and development company. The company holds option agreements to acquire up to a 72% interest in the Pangeni Copper Project on the western extension of the Zambian Copperbelt and up to a 100% interest in the Savant Gold Project in northwestern Ontario, Canada. In addition, the company owns the Kazan Gold Projects, a portfolio of four gold exploration projects in Japan, on which it has granted an option which allows the option holder to earn up to an 80% interest in these projects. The Company operates in one segment, being exploration and evaluation of mineral properties, in Canada, Zambia and Japan.
26GF Score
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