XXIX MetalTSXV:XXIX 35 Market Cap is C$48.13 Mil as of Jul. 01, 2026. GuruFocus rates TSXV:XXIX with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 2,685 Metals & Mining companies, XXIX Metal ranks better than 56.83% 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). XXIX Metal's share price for the quarter that ended in Apr. 2026 was C$0.12. XXIX Metal's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 418.50 Mil. Therefore, XXIX Metal's market cap for the quarter that ended in Apr. 2026 was C$50.22 Mil.
XXIX Metal's quarterly market cap
declined
from Oct. 2025 (C$39.89 Mil) to Jan. 2026 (C$38.35 Mil) but then
increased
from Jan. 2026 (C$38.35 Mil) to Apr. 2026 (C$50.22 Mil).
XXIX Metal's annual market cap
increased
from Oct. 2023 (C$21.71 Mil) to Oct. 2024 (C$22.67 Mil) and
increased
from Oct. 2024 (C$22.67 Mil) to Oct. 2025 (C$39.89 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. XXIX Metal's Enterprise Value for Today is C$28.15 Mil.
XXIX Metal (TSXV:XXIX) 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.
XXIX Metal Market Cap Related Terms
XXIX Metal Market Cap Historical Data
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The historical data trend for XXIX Metal'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.
For the Copper subindustry, XXIX Metal'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.
XXIX Metal Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, XXIX Metal's Market Cap distribution charts can be found below:
* The bar in red indicates where XXIX Metal'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.
XXIX Metal's Market Cap for the fiscal year that ended in Oct. 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.
XXIX Metal (TSXV:XXIX) has a Market Cap of C$48.13 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on XXIX Metal and its competitors. According to the industry distribution chart, XXIX Metal ranks #1159 out of 2685 companies in the Metals & Mining industry, placing it in the top 43.2%.
Is XXIX Metal's Market Cap too high?
XXIX Metal's current Market Cap is C$48.13 Mil. Based on the distribution chart, XXIX Metal ranks #1159 out of 2685 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, XXIX Metal has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Market Cap compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, XXIX Metal ranks #1159 out of 2685 companies for Market Cap. This puts XXIX Metal in the upper half of its industry. The industry median Market Cap is 21.13. 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 21.13, 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. 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 XXIX Metal and its competitors. For the Metals & Mining industry, the median Market Cap is 21.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XXIX Metal's current Market Cap is C$48.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Market Cap of C$48.13 Mil. The current Market Cap is C$48.13 Mil. XXIX Metal's overall GF Score™ is 35/100 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 XXIX Metal (TSXV:XXIX), the current Market Cap is C$48.13 Mil as of Jul. 01, 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.
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
35GF Score
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