Mitre Mining (ASX:MMC) Buyback Yield % : -2.39 (As of Jun. 22, 2024)

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What is Mitre Mining Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Mitre Mining's current buyback yield was -2.39%.

Mitre Mining Buyback Yield % Historical Data

The historical data trend for Mitre Mining's Buyback Yield % 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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Mitre Mining Buyback Yield % Chart

Mitre Mining Annual Data

Trend

Jun22

Jun23

Buyback Yield %

-112.77

-8.08

Mitre Mining Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %	-142.44	-	-	-	-28.25

Competitive Comparison of Mitre Mining's Buyback Yield %

For the Gold subindustry, Mitre Mining's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Mitre Mining's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitre Mining's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Mitre Mining's Buyback Yield % falls into.

Mitre Mining Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Mitre Mining's Buyback Yield for the fiscal year that ended in Jun. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-0.091	+	1.19)	/	13.60503
	=	-8.08%

Mitre Mining's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.124	+	2.288)	*	2	/	15.31926
	=	-28.25%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.

Mitre Mining Buyback Yield % Related Terms

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Mitre Mining (ASX:MMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mitre Mining Corp Ltd (ASX:MMC) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005

Website

https://www.mitremining.com.au

Mitre Mining Corp Ltd is a gold and base metals exploration company in Australia. Its project is EL9146 in the eastern Lachlan Fold Belt near Batemans Bay on the New South Wales south coast, East Pilbara, and Mt Alexander project.