Lowell Resources Fund (ASX:LRT) Shares Outstanding (EOP): 41.56 Mil (As of Dec. 2025)


ASX:LRT Lowell Resources Fund ASX:LRT
52 GF Score
Price A$2.47
GF Value A$11.54
Valuation Possible Value Trap
! 2 Warning Signs
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What is Lowell Resources Fund Shares Outstanding (EOP)?

Lowell Resources Fund ASX:LRT +2.07% 52 Shares Outstanding (EOP) is 41.56 Mil as of Dec. 2025. GuruFocus rates ASX:LRT with a GF Score™ of 52/100 and a GF Value™ of A$11.54 (Possible Value Trap). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lowell Resources Fund's shares outstanding for the quarter that ended in Dec. 2025 was 41.56 Mil.

Lowell Resources Fund's quarterly shares outstanding increased from Jun. 2025 (41.38 Mil) to Dec. 2025 (41.56 Mil). It means Lowell Resources Fund issued new shares from Jun. 2025 to Dec. 2025 .

Lowell Resources Fund's annual shares outstanding increased from Jun. 2024 (32.45 Mil) to Jun. 2025 (41.38 Mil). It means Lowell Resources Fund issued new shares from Jun. 2024 to Jun. 2025 .


Lowell Resources Fund  (ASX:LRT) Shares Outstanding (EOP) 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.

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.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Lowell Resources Fund Shares Outstanding (EOP) Related Terms


Lowell Resources Fund Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Lowell Resources Fund's Shares Outstanding (EOP) 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.

Lowell Resources Fund Shares Outstanding (EOP) Chart

Lowell Resources Fund Annual Data
Trend Sep17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only 28.05 29.35 31.56 32.45 41.38

Lowell Resources Fund Semi-Annual Data
Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (EOP) 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 32.45 32.45 41.38 41.38 41.56

ASX:LRT vs BLK, BX, KKR: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Lowell Resources Fund's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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.


Lowell Resources Fund Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Lowell Resources Fund's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Lowell Resources Fund's Shares Outstanding (EOP) falls into.


ASX:LRT
52GF Score
Lowell Resources Fund ASX:LRT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Lowell Resources Fund Shares Outstanding (EOP) 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 end of period. 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.

What does a Shares Outstanding (EOP) of 41.56 Mil mean?
Lowell Resources Fund (ASX:LRT) has a Shares Outstanding (EOP) of 41.56 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Lowell Resources Fund and its competitors.
Is Lowell Resources Fund's Shares Outstanding (EOP) too high?
Lowell Resources Fund's current Shares Outstanding (EOP) is 41.56 Mil. Overall, Lowell Resources Fund has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lowell Resources Fund's Shares Outstanding (EOP) compare to BLK and BX?
Lowell Resources Fund's Shares Outstanding (EOP) of 41.56 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) 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 Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Lowell Resources Fund and its competitors. Lowell Resources Fund's current Shares Outstanding (EOP) is 41.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lowell Resources Fund stock overvalued right now?
Based on GuruFocus' analysis, Lowell Resources Fund (ASX:LRT) is currently considered Possible Value Trap. The stock's GF Value™ is A$11.54, compared to a current price of A$2.47 — trading 78.6% below its estimated fair value. The current Shares Outstanding (EOP) is 41.56 Mil. Lowell Resources Fund's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Lowell Resources Fund (ASX:LRT), the current Shares Outstanding (EOP) is 41.56 Mil as of Dec. 2025. 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.

Is Lowell Resources Fund (ASX:LRT) Overvalued in 2026?

Based on GuruFocus' analysis, Lowell Resources Fund stock appears to be undervalued. The current stock price of A$2.47 is trading 78.6% below its estimated GF Value™ of A$11.54. GuruFocus considers Lowell Resources Fund to be Possible Value Trap.

Key valuation signals for ASX:LRT:

  • Shares Outstanding (EOP): 41.56 Mil
  • GF Value™: A$11.54 vs. price of A$2.47 (78.6% below fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the ASX:LRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lowell Resources Fund Business Description

Address 8 Chapel Street, Cremorne, Sydney, VIC, AUS, 3121
Lowell Resources Fund is a unit trust that is focused on investing in shares and other financial products issued by resources companies listed on Australian and overseas stock exchanges. It is a specialist Managed Investment Fund that focuses its stock selection on junior resource companies that have achieved exploration success, have established a potentially commercial resource base, and are considered to have a good probability of building on that initial success and moving into production. The fund operates predominantly in Australia and is engaged solely in investment activities, deriving revenue from dividends and distribution income, interest income, and the sale of its investments.
52GF Score

Get the complete analysis for ASX:LRT

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.47
Price
A$11.54
GF Value