Legacy Iron Ore (ASX:LCY) Shares Outstanding (Basic Average) : 7,887.85 Mil (As of Sep. 2024)

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What is Legacy Iron Ore Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Legacy Iron Ore's average basic shares outstanding for the quarter that ended in Sep. 2024 was 7,887.85 Mil.

Legacy Iron Ore Shares Outstanding (Basic Average) Historical Data

The historical data trend for Legacy Iron Ore'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.

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Legacy Iron Ore Shares Outstanding (Basic Average) Chart

Legacy Iron Ore Annual Data

Trend

Jun14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Shares Outstanding (Basic Average)

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2,534.20

6,481.78

6,632.05

6,633.62

6,733.43

Legacy Iron Ore Semi-Annual Data
	Jun14	Dec14	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Shares Outstanding (Basic Average)	Get a 7-Day Free Trial															6,632.05	6,633.62	6,633.62	6,733.43	7,887.85

Legacy Iron Ore 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.

Legacy Iron Ore (ASX:LCY) 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.

Legacy Iron Ore Shares Outstanding (Basic Average) Related Terms

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Legacy Iron Ore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Legacy Iron Ore Ltd (ASX:LCY) » Definitions » Shares Outstanding (Basic Average)

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004

Website

http://www.legacyiron.com.au

Legacy Iron Ore Ltd is engaged in the exploration and development of mineral properties. It holds a diverse portfolio of assets spanning iron ore, gold, and base metals, Tungsten, Rare earth elements. Its projects include the Mt Bevan Project, South Laverton Gold Project, Mt. Celia Project, and many more. The Company operates with three reportable segments: iron ore exploration and development in Australia, gold exploration and development in Australia, and base metals and other critical minerals (OCM) exploration and development in Australia. Each segment focuses on the respective mineral's exploration and development within Australia's resource-rich landscape.