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Electrum Discovery (TSXV:ELY) Shares Outstanding (EOP) : 63.31 Mil (As of Sep. 2024)


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What is Electrum Discovery Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Electrum Discovery's shares outstanding for the quarter that ended in Sep. 2024 was 63.31 Mil.

Electrum Discovery's quarterly shares outstanding stayed the same from Jun. 2024 (63.31 Mil) to Sep. 2024 (63.31 Mil).

Electrum Discovery's annual shares outstanding increased from Dec. 2022 (8.42 Mil) to Dec. 2023 (63.31 Mil). It means Electrum Discovery issued new shares from Dec. 2022 to Dec. 2023 .


Electrum Discovery Shares Outstanding (EOP) Historical Data

The historical data trend for Electrum Discovery'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.

Electrum Discovery Shares Outstanding (EOP) Chart

Electrum Discovery Annual Data
Trend Dec22 Dec23
Shares Outstanding (EOP)
8.42 63.31

Electrum Discovery Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (EOP) Get a 7-Day Free Trial 27.97 63.31 59.48 63.31 63.31

Competitive Comparison of Electrum Discovery's Shares Outstanding (EOP)

For the Other Precious Metals & Mining subindustry, Electrum Discovery'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.


Electrum Discovery's Shares Outstanding (EOP) Distribution in the Metals & Mining Industry

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

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



Electrum Discovery 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.


Electrum Discovery  (TSXV:ELY) 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.


Electrum Discovery Shares Outstanding (EOP) Related Terms

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Electrum Discovery Business Description

Comparable Companies
Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Electrum Discovery Corp is a Canadian-based mineral exploration and development company focused on the Western Tethyan Belt with activities in the Republic of Serbia. The current focus of the company is its copper-gold Timok East Project and Novo Tlamino Project.
Executives
Ralph Rushton Director

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