Bulgold (TSXV:ZLTO) Market Cap: C$3.99 Mil (As of Aug. 01, 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.

What is Bulgold Market Cap?

Bulgold TSXV:ZLTO Market Cap is C$3.99 Mil as of Aug. 01, 2026. The stock has 1 warning sign investors should review. Among 2,685 Metals & Mining companies, Bulgold ranks worse than 85.66% 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). Bulgold's share price for the quarter that ended in Dec. 2025 was C$0.09. Bulgold's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 49.13 Mil. Therefore, Bulgold's market cap for the quarter that ended in Dec. 2025 was C$4.42 Mil.

Bulgold's quarterly market cap increased from Jun. 2025 (C$0.97 Mil) to Sep. 2025 (C$4.18 Mil) and increased from Sep. 2025 (C$4.18 Mil) to Dec. 2025 (C$4.42 Mil).

Bulgold's annual market cap declined from Dec. 2023 (C$2.48 Mil) to Dec. 2024 (C$0.69 Mil) but then increased from Dec. 2024 (C$0.69 Mil) to Dec. 2025 (C$4.42 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. Bulgold's Enterprise Value for Today is C$3.74 Mil.


Bulgold  (TSXV:ZLTO) 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.


Bulgold Market Cap Related Terms


Bulgold Market Cap Historical Data

* Premium members only.

The historical data trend for Bulgold'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.

Bulgold Market Cap Chart

Bulgold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
0.00 2.19 2.48 0.69 4.42

Bulgold Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.69 0.97 0.97 4.18 4.42

TSXV:ZLTO vs NEM, AU: Market Cap Comparison

For the Gold subindustry, Bulgold'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.


Bulgold Market Cap vs Metals & Mining Industry

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

* The bar in red indicates where Bulgold's Market Cap falls into.



Bulgold 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.

Bulgold's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=C$0.09*49.132
=C$4.42

Bulgold's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=C$0.09*49.132
=C$4.42

* 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$3.99 Mil mean?
Bulgold (TSXV:ZLTO) has a Market Cap of C$3.99 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Bulgold and its competitors. According to the industry distribution chart, Bulgold ranks #2300 out of 2685 companies in the Metals & Mining industry, placing it in the top 85.7%.
Is Bulgold's Market Cap too high?
Bulgold's current Market Cap is C$3.99 Mil. Based on the distribution chart, Bulgold ranks #2300 out of 2685 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Bulgold's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Bulgold ranks #2300 out of 2685 companies for Market Cap. This places Bulgold in the lower half of its industry. The industry median Market Cap is 21.37. 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 21.37, 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 Bulgold and its competitors. For the Metals & Mining industry, the median Market Cap is 21.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgold's current Market Cap is C$3.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgold stock overvalued right now?
Bulgold (TSXV:ZLTO) has a current Market Cap of C$3.99 Mil. The current Market Cap is C$3.99 Mil. 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 Bulgold (TSXV:ZLTO), the current Market Cap is C$3.99 Mil as of Aug. 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.

Bulgold Business Description

Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Bulgold Inc is a gold exploration company focused on the exploration and development of mineral exploration projects in Eastern and Central Europe. The company controls two quality quartz-adularia epithermal gold projects located in the Bulgarian portion of the Western Tethyan Belt: the Kutel Gold Project and the Kostilkovo Gold Project. The company also holds an option to acquire an interest in the Lutila exploration license located in central Slovakia, which is prospective for low-sulfidation epithermal gold mineralization. It has one operating segment consisting of acquiring, exploring, and evaluating mining property assets. The company is operating in Canada, Bulgaria, and Slovakia.