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Latrobe Magnesium (STU:L2Q) Shares Outstanding (EOP) : 1,890.59 Mil (As of Dec. 2023)


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What is Latrobe Magnesium Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Latrobe Magnesium's shares outstanding for the quarter that ended in Dec. 2023 was 1,890.59 Mil.

Latrobe Magnesium's quarterly shares outstanding increased from Jun. 2023 (1,733.82 Mil) to Dec. 2023 (1,890.59 Mil). It means Latrobe Magnesium issued new shares from Jun. 2023 to Dec. 2023 .

Latrobe Magnesium's annual shares outstanding increased from Jun. 2023 (1,733.82 Mil) to Jun. 2024 (2,191.82 Mil). It means Latrobe Magnesium issued new shares from Jun. 2023 to Jun. 2024 .


Latrobe Magnesium Shares Outstanding (EOP) Historical Data

The historical data trend for Latrobe Magnesium'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.

* Premium members only.

Latrobe Magnesium Shares Outstanding (EOP) Chart

Latrobe Magnesium Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,303.36 1,320.78 1,619.13 1,733.82 2,191.82

Latrobe Magnesium Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only 1,619.13 1,630.05 1,733.82 1,890.59 2,191.82

Competitive Comparison of Latrobe Magnesium's Shares Outstanding (EOP)

For the Other Industrial Metals & Mining subindustry, Latrobe Magnesium'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.


Latrobe Magnesium's Shares Outstanding (EOP) Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Latrobe Magnesium's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Latrobe Magnesium's Shares Outstanding (EOP) falls into.



Latrobe Magnesium 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.


Latrobe Magnesium  (STU:L2Q) 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.


Latrobe Magnesium Shares Outstanding (EOP) Related Terms

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Latrobe Magnesium Business Description

Traded in Other Exchanges
Address
80 Clarence Street, Suite 504, Sydney, NSW, AUS, 2000
Latrobe Magnesium Ltd develops a magnesium production plant. The company aims to produce magnesium metal from fly ash at its flagship Latrobe Magnesium Project, located in Victoria. The company converts fly ash into valuable products including magnesium metal, Supplementary Cementitious Material (SCM), silica, char, iron oxide and calcium carbonate. The projects of the company include Latrobe Magnesium Project, Magnesium Plant Project, and others.

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