Legacy Minerals Holdings (ASX:LGM) Shares Outstanding (Diluted Average) : 84.09 Mil (As of Dec. 2023)

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What is Legacy Minerals Holdings Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Legacy Minerals Holdings's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 84.09 Mil.

Legacy Minerals Holdings Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Legacy Minerals Holdings's Shares Outstanding (Diluted Average) 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.

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Legacy Minerals Holdings Shares Outstanding (Diluted Average) Chart

Legacy Minerals Holdings Annual Data

Trend

Jun22

Jun23

Shares Outstanding (Diluted Average)

71.11

80.34

Legacy Minerals Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Shares Outstanding (Diluted Average)	Get a 7-Day Free Trial			66.18	76.05	76.48	84.20	84.09

Legacy Minerals Holdings Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

Legacy Minerals Holdings (ASX:LGM) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Legacy Minerals Holdings Shares Outstanding (Diluted Average) Related Terms

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Legacy Minerals Holdings (ASX:LGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Legacy Minerals Holdings Ltd (ASX:LGM) » Definitions » Shares Outstanding (Diluted Average)

Comparable Companies

Traded in Other Exchanges

N/A

Address

401/54 Miller Street, North Sydney, NSW, AUS, 2060

Website

https://www.legacyminerals.com.au

Legacy Minerals Holdings Ltd is focused on gold and copper discovery. The company is involved in the acquisition and exploration of gold and copper projects in the prospective Lachlan Fold Belt (LFB) and New England Fold Belt (NEFB) of New South Wales (NSW). Its properties include Cobar, Harden, Rockley, Bauloora, Black range, and Fontenoy.

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