Exultant Mining (ASX:10X) Shares Outstanding (Basic Average): 10.81 Mil (As of Dec. 2025)


ASX:10X Exultant Mining Ltd ASX:10X
20 GF Score
Price A$0.19
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What is Exultant Mining Shares Outstanding (Basic Average)?

Exultant Mining ASX:10X 20 Shares Outstanding (Basic Average) is 10.81 Mil as of Dec. 2025. GuruFocus rates ASX:10X with a GF Score™ of 20/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Exultant Mining's average basic shares outstanding for the quarter that ended in Dec. 2025 was 10.81 Mil.


Exultant Mining  (ASX:10X) 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.


Exultant Mining Shares Outstanding (Basic Average) Related Terms


Exultant Mining Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Exultant Mining'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.

Exultant Mining Shares Outstanding (Basic Average) Chart

Exultant Mining Annual Data
Trend Jun25
Shares Outstanding (Basic Average)
37.20

Exultant Mining Semi-Annual Data
Jun25 Dec25
Shares Outstanding (Basic Average) 37.20 10.81
ASX:10X
20GF Score
Exultant Mining Ltd ASX:10X
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Exultant Mining 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 10.81 Mil mean?
Exultant Mining (ASX:10X) has a Shares Outstanding (Basic Average) of 10.81 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Exultant Mining and its competitors.
Is Exultant Mining's Shares Outstanding (Basic Average) too high?
Exultant Mining's current Shares Outstanding (Basic Average) is 10.81 Mil. Overall, Exultant Mining has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Exultant Mining's Shares Outstanding (Basic Average) compare to competitors?
Exultant Mining's Shares Outstanding (Basic Average) of 10.81 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 Exultant Mining and its competitors. Exultant Mining's current Shares Outstanding (Basic Average) is 10.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exultant Mining stock overvalued right now?
Exultant Mining (ASX:10X) has a current Shares Outstanding (Basic Average) of 10.81 Mil. The current Shares Outstanding (Basic Average) is 10.81 Mil. Exultant Mining's overall GF Score™ is 20/100. 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 Exultant Mining (ASX:10X), the current Shares Outstanding (Basic Average) is 10.81 Mil as of Dec. 2025. 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.

Exultant Mining Business Description

Address 216 Street Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Exultant Mining Ltd focuses on acquiring, exploring and developing mineral resource projects in Australia and overseas. It has three projects, including the Black Hammer Project (prospective in gold, copper, zinc and nickel) and the Peak View Project (prospective in copper, zinc and silver) both located in New South Wales, and the Deep Dykes Project (prospective in gold and lithium) located in Western Australia.
20GF Score

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