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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Southgobi Resources's shares outstanding for the quarter that ended in Mar. 2026 was 296.9 Mil.
Southgobi Resources's quarterly shares outstanding
increased
from Dec. 2025 (296.7 Mil) to Mar. 2026 (296.9 Mil).
It means Southgobi Resourcesissued new shares from Dec. 2025 to Mar. 2026 .
Southgobi Resources's annual shares outstanding
stayed the same
from Dec. 2024 (296.7 Mil) to Dec. 2025 (296.7 Mil).
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.
Southgobi Resources Shares Outstanding (EOP) Related Terms
Southgobi Resources Shares Outstanding (EOP) Historical Data
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The historical data trend for Southgobi Resources'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.
For the Thermal Coal subindustry, Southgobi Resources'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.
Southgobi Resources Shares Outstanding (EOP) vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Southgobi Resources's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Southgobi Resources's Shares Outstanding (EOP) falls into.
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.
What does a Shares Outstanding (EOP) of 296.9 Mil mean?
Southgobi Resources (SGQRF) has a Shares Outstanding (EOP) of 296.9 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Southgobi Resources and its competitors.
Is Southgobi Resources' Shares Outstanding (EOP) too high?
Southgobi Resources' current Shares Outstanding (EOP) is 296.9 Mil. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' Shares Outstanding (EOP) compare to competitors?
Southgobi Resources' Shares Outstanding (EOP) of 296.9 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Shares Outstanding (EOP) depends on the Other Energy Sources 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 Southgobi Resources and its competitors. Southgobi Resources's current Shares Outstanding (EOP) is 296.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southgobi Resources stock overvalued right now?
Southgobi Resources (SGQRF) has a current Shares Outstanding (EOP) of 296.9 Mil. The stock's GF Value™ is $0.64, compared to a current price of $0.28 — trading 56.3% below its estimated fair value. The current Shares Outstanding (EOP) is 296.9 Mil. Southgobi Resources' overall GF Score™ is 62/100 with 7 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 Southgobi Resources (SGQRF), the current Shares Outstanding (EOP) is 296.9 Mil as of Mar. 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.
Is Southgobi Resources (SGQRF) Overvalued in 2026?
Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued.
The current stock price of $0.28 is trading 56.3% below its estimated GF Value™ of $0.64.
Key valuation signals for SGQRF:
Shares Outstanding (EOP): 296.9 Mil
GF Value™: $0.64 vs. price of $0.28 (56.3% below fair value)
No single metric tells the full story. See the SGQRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
62GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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