Oceana Metals (ASX:OCN) Shares Outstanding (Basic Average): 166.50 Mil (As of Dec. 2025)


ASX:OCN Oceana Metals Ltd ASX:OCN
33 GF Score
Price A$0.52
! 1 Warning Sign
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What is Oceana Metals Shares Outstanding (Basic Average)?

Oceana Metals ASX:OCN +2.97% 33 Shares Outstanding (Basic Average) is 166.50 Mil as of Dec. 2025. GuruFocus rates ASX:OCN with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Oceana Metals's average basic shares outstanding for the quarter that ended in Dec. 2025 was 166.50 Mil.

Oceana Metals  (ASX:OCN) 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.

Oceana Metals Shares Outstanding (Basic Average) Related Terms

Oceana Metals Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Oceana Metals'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.

Oceana Metals Shares Outstanding (Basic Average) Chart

Oceana Metals Annual Data
Trend Dec21 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
0.00 73.15 92.25 108.06

Oceana Metals Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 22.24 93.34 8.64 166.03 166.50
ASX:OCN
33GF Score
Oceana Metals Ltd ASX:OCN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceana Metals 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 166.50 Mil mean?
Oceana Metals (ASX:OCN) has a Shares Outstanding (Basic Average) of 166.50 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Oceana Metals and its competitors.
Is Oceana Metals' Shares Outstanding (Basic Average) too high?
Oceana Metals' current Shares Outstanding (Basic Average) is 166.50 Mil. Overall, Oceana Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Oceana Metals' Shares Outstanding (Basic Average) compare to competitors?
Oceana Metals' Shares Outstanding (Basic Average) of 166.50 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 Oceana Metals and its competitors. Oceana Metals's current Shares Outstanding (Basic Average) is 166.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Metals stock overvalued right now?
Oceana Metals (ASX:OCN) has a current Shares Outstanding (Basic Average) of 166.50 Mil. The current Shares Outstanding (Basic Average) is 166.50 Mil. Oceana Metals' overall GF Score™ is 33/100 with 1 warning sign 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 Oceana Metals (ASX:OCN), the current Shares Outstanding (Basic Average) is 166.50 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.

Oceana Metals Business Description

Address C/- Belltree Corporate, 8 Richardson Street, Level 2, Perth, WA, AUS, 6005
Oceana Metals Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium minerals. Its projects include the Solonopole Lithium Project in Brazil and the Napperby Project in Australia.
33GF Score

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

A$0.52
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