ASHXF (Progressive Planet Solutions) Shares Outstanding (Basic Average): 109.78 Mil (As of Jan. 2026)


ASHXF Progressive Planet Solutions Inc ASHXF
34 GF Score
Price $0.23
GF Value $0.14
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Progressive Planet Solutions Shares Outstanding (Basic Average)?

Progressive Planet Solutions ASHXF -3.54% 34 Shares Outstanding (Basic Average) is 109.78 Mil as of Jan. 2026. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Progressive Planet Solutions's average basic shares outstanding for the quarter that ended in Jan. 2026 was 109.78 Mil.


Progressive Planet Solutions  (OTCPK:ASHXF) 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.


Progressive Planet Solutions Shares Outstanding (Basic Average) Related Terms


Progressive Planet Solutions Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Shares Outstanding (Basic Average) Chart

Progressive Planet Solutions Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.00 69.36 98.64 110.42 110.76

Progressive Planet Solutions Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 109.76 109.80 109.76 109.76 109.78
ASHXF
34GF Score
Progressive Planet Solutions Inc ASHXF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Progressive Planet Solutions 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 109.78 Mil mean?
Progressive Planet Solutions (ASHXF) has a Shares Outstanding (Basic Average) of 109.78 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Progressive Planet Solutions and its competitors.
Is Progressive Planet Solutions' Shares Outstanding (Basic Average) too high?
Progressive Planet Solutions' current Shares Outstanding (Basic Average) is 109.78 Mil. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Shares Outstanding (Basic Average) compare to competitors?
Progressive Planet Solutions' Shares Outstanding (Basic Average) of 109.78 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 Progressive Planet Solutions and its competitors. Progressive Planet Solutions's current Shares Outstanding (Basic Average) is 109.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Shares Outstanding (Basic Average) is 109.78 Mil. Progressive Planet Solutions' overall GF Score™ is 34/100 with 3 warning signs to review. 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 Progressive Planet Solutions (ASHXF), the current Shares Outstanding (Basic Average) is 109.78 Mil as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for ASHXF:

  • Shares Outstanding (Basic Average): 109.78 Mil
  • GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs

No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Progressive Planet Solutions Business Description

Other Exchanges ARB3:GermanyPLAN:Canada
Address 724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
34GF Score

Get the complete analysis for ASHXF

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.23
Price
$0.14
GF Value