AMLM (American Lithium Minerals) Shares Outstanding (Basic Average): 56.53 Mil (As of Jun. 2011)


What is American Lithium Minerals Shares Outstanding (Basic Average)?

American Lithium Minerals AMLM -13.67% Shares Outstanding (Basic Average) is 56.53 Mil as of Jun. 2011.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. American Lithium Minerals's average basic shares outstanding for the quarter that ended in Jun. 2011 was 56.53 Mil.

American Lithium Minerals  (OTCPK:AMLM) Shares Outstanding (Basic Average) 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.

Be Aware

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.

American Lithium Minerals Shares Outstanding (Basic Average) Related Terms

American Lithium Minerals Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for American Lithium Minerals's Shares Outstanding (Basic Average) 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.

American Lithium Minerals Shares Outstanding (Basic Average) Chart

American Lithium Minerals Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10
Shares Outstanding (Basic Average)
42.00 42.00 43.72 48.34 53.03

American Lithium Minerals Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Shares Outstanding (Basic Average) 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 54.35 54.56 53.19 53.60 56.53

American Lithium Minerals Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 56.53 Mil mean?
American Lithium Minerals (AMLM) has a Shares Outstanding (Basic Average) of 56.53 Mil as of Jun. 2011. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on American Lithium Minerals and its competitors.
Is American Lithium Minerals' Shares Outstanding (Basic Average) too high?
American Lithium Minerals' current Shares Outstanding (Basic Average) is 56.53 Mil.
How does American Lithium Minerals' Shares Outstanding (Basic Average) compare to RMES and LITH?
American Lithium Minerals' Shares Outstanding (Basic Average) of 56.53 Mil can be compared against companies in the Metals & Mining 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 (Basic Average) for a Metals & Mining company?
A good Shares Outstanding (Basic Average) depends on the Metals & Mining industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on American Lithium Minerals and its competitors. American Lithium Minerals's current Shares Outstanding (Basic Average) is 56.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Lithium Minerals stock overvalued right now?
American Lithium Minerals (AMLM) has a current Shares Outstanding (Basic Average) of 56.53 Mil. The current Shares Outstanding (Basic Average) is 56.53 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For American Lithium Minerals (AMLM), the current Shares Outstanding (Basic Average) is 56.53 Mil as of Jun. 2011. 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.

American Lithium Minerals Business Description

Address 6440 Sky Pointe Drive, Suite 140-149, Las Vegas, NV, USA, 89131
American Lithium Minerals Inc. is engaged in the acquisition and exploration of mining properties. The company focuses on exploring lithium, uranium, and rare earth elements. Its projects include the Sarcobatus Lithium Project, located at Scotty's Junction in Nye County, Nevada, and the Kingman Rare Earth Project, situated about 5 miles north of Kingman, Arizona, on the eastern flank of Bull Mountain.