DBORF (Diablo Resources) Shares Outstanding (Basic Average): 197.63 Mil (As of Dec. 2025)


What is Diablo Resources Shares Outstanding (Basic Average)?

Diablo Resources DBORF Shares Outstanding (Basic Average) is 197.63 Mil as of Dec. 2025. 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. Diablo Resources's average basic shares outstanding for the quarter that ended in Dec. 2025 was 197.63 Mil.

Diablo Resources  (OTCPK:DBORF) 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.

Diablo Resources Shares Outstanding (Basic Average) Related Terms

Diablo Resources Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Diablo Resources'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.

Diablo Resources Shares Outstanding (Basic Average) Chart

Diablo Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Shares Outstanding (Basic Average)
53.23 74.50 94.00 113.08

Diablo Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only 84.98 103.02 103.07 123.09 197.63

Diablo Resources 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 197.63 Mil mean?
Diablo Resources (DBORF) has a Shares Outstanding (Basic Average) of 197.63 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Diablo Resources and its competitors.
Is Diablo Resources' Shares Outstanding (Basic Average) too high?
Diablo Resources' current Shares Outstanding (Basic Average) is 197.63 Mil.
How does Diablo Resources' Shares Outstanding (Basic Average) compare to NEM and AU?
Diablo Resources' Shares Outstanding (Basic Average) of 197.63 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 Diablo Resources and its competitors. Diablo Resources's current Shares Outstanding (Basic Average) is 197.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diablo Resources stock overvalued right now?
Diablo Resources (DBORF) has a current Shares Outstanding (Basic Average) of 197.63 Mil. The current Shares Outstanding (Basic Average) is 197.63 Mil. 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 Diablo Resources (DBORF), the current Shares Outstanding (Basic Average) is 197.63 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.

Diablo Resources Business Description

Other Exchanges DBO:Australia
Address 10 Outram Street, Level 2, West Perth, Perth, WA, AUS, 6005
Diablo Resources Ltd is a mining exploration company. It has an interest in Phoenix Copper Project located in southwestern USA, King Solomon Gold Project located west of Salmon in Lemhi County, Idaho, Devils Canyon Gold-Copper Project located within the Carlin Trend, Nevada.