CONXF (Nickel 28 Capital) Shares Outstanding (Basic Average): 86.90 Mil (As of Jan. 2026)


CONXF Nickel 28 Capital Corp CONXF
36 GF Score
Price $0.77
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What is Nickel 28 Capital Shares Outstanding (Basic Average)?

Nickel 28 Capital CONXF 36 Shares Outstanding (Basic Average) is 86.90 Mil as of Jan. 2026. GuruFocus rates CONXF with a GF Score™ of 36/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nickel 28 Capital's average basic shares outstanding for the quarter that ended in Jan. 2026 was 86.90 Mil.


Nickel 28 Capital  (OTCPK:CONXF) 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.


Nickel 28 Capital Shares Outstanding (Basic Average) Related Terms


Nickel 28 Capital Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Shares Outstanding (Basic Average) Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 86.68 90.51 92.50 92.05 87.19

Nickel 28 Capital Quarterly Data
Mar21 Jun21 Sep21 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 88.89 87.96 87.07 86.86 86.90
CONXF
36GF Score
Nickel 28 Capital Corp CONXF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel 28 Capital 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 86.90 Mil mean?
Nickel 28 Capital (CONXF) has a Shares Outstanding (Basic Average) of 86.90 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nickel 28 Capital and its competitors.
Is Nickel 28 Capital's Shares Outstanding (Basic Average) too high?
Nickel 28 Capital's current Shares Outstanding (Basic Average) is 86.90 Mil. Overall, Nickel 28 Capital has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Shares Outstanding (Basic Average) compare to competitors?
Nickel 28 Capital's Shares Outstanding (Basic Average) of 86.90 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 Nickel 28 Capital and its competitors. Nickel 28 Capital's current Shares Outstanding (Basic Average) is 86.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Shares Outstanding (Basic Average) of 86.90 Mil. The current Shares Outstanding (Basic Average) is 86.90 Mil. Nickel 28 Capital's overall GF Score™ is 36/100. 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 Nickel 28 Capital (CONXF), the current Shares Outstanding (Basic Average) is 86.90 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.

Nickel 28 Capital Business Description

Other Exchanges 3JC:GermanyNKL:Canada
Address 666 Burrard Street, Suite 2700, Toronto, ON, CAN, V6C 2X8
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
36GF Score

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