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Mustang EnergyXCNQ:MEC Market Cap is C$2.01 Mil as of Aug. 03, 2026. The stock has 1 warning sign investors should review. Among 188 Other Energy Sources companies, Mustang Energy ranks worse than 98.4% 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). Mustang Energy's share price for the quarter that ended in Mar. 2026 was C$0.06. Mustang Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 100.48 Mil. Therefore, Mustang Energy's market cap for the quarter that ended in Mar. 2026 was C$6.03 Mil.
Mustang Energy's quarterly market cap
declined
from Sep. 2025 (C$10.12 Mil) to Dec. 2025 (C$6.54 Mil) and
declined
from Dec. 2025 (C$6.54 Mil) to Mar. 2026 (C$6.03 Mil).
Mustang Energy's annual market cap
stayed the same
from Dec. 2022 (C$6.95 Mil) to Dec. 2023 (C$6.95 Mil) but then
increased
from Dec. 2023 (C$6.95 Mil) to Dec. 2024 (C$13.29 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. Mustang Energy's Enterprise Value for Today is C$1.79 Mil.
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.
Mustang Energy Market Cap Related Terms
Mustang Energy Market Cap Historical Data
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The historical data trend for Mustang Energy'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 Uranium subindustry, Mustang Energy'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.
Mustang Energy Market Cap vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Mustang Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Mustang Energy'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.
Mustang Energy's Market Cap for the fiscal year that ended in Dec. 2024 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.
Mustang Energy (XCNQ:MEC) has a Market Cap of C$2.01 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 Mustang Energy and its competitors. According to the industry distribution chart, Mustang Energy ranks #185 out of 188 companies in the Other Energy Sources industry, placing it in the top 98.4%.
Is Mustang Energy's Market Cap too high?
Mustang Energy's current Market Cap is C$2.01 Mil. Based on the distribution chart, Mustang Energy ranks #185 out of 188 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Mustang Energy's Market Cap compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Mustang Energy ranks #185 out of 188 companies for Market Cap. This places Mustang Energy in the lower half of its industry. The industry median Market Cap is 191.20. 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 an Other Energy Sources company?
The median Market Cap among Other Energy Sources companies is 191.20, based on 188 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 Mustang Energy and its competitors. For the Other Energy Sources industry, the median Market Cap is 191.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustang Energy's current Market Cap is C$2.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Energy stock overvalued right now?
Mustang Energy (XCNQ:MEC) has a current Market Cap of C$2.01 Mil. The current Market Cap is C$2.01 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 Mustang Energy (XCNQ:MEC), the current Market Cap is C$2.01 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.
Mustang Energy Corp is a mineral exploration and development company. The Company currently conducts its operations in Canada, in one business segment, being the exploration of resource properties. The company's projects are Dutton Project, Yellowstone Project, Konigsstuhl Project, Spur Project, Yellowstone East Project, 914W Project.
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