FCLIF (Full Circle Lithium) Shares Outstanding (Basic Average): 98.44 Mil (As of Jan. 2026)


FCLIF Full Circle Lithium Corp FCLIF
29 GF Score
Price $0.31
! 3 Warning Signs
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What is Full Circle Lithium Shares Outstanding (Basic Average)?

Full Circle Lithium FCLIF -4.29% 29 Shares Outstanding (Basic Average) is 98.44 Mil as of Jan. 2026. GuruFocus rates FCLIF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Full Circle Lithium's average basic shares outstanding for the quarter that ended in Jan. 2026 was 98.44 Mil.


Full Circle Lithium  (OTCPK:FCLIF) 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.


Full Circle Lithium Shares Outstanding (Basic Average) Related Terms


Full Circle Lithium Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Full Circle Lithium'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.

Full Circle Lithium Shares Outstanding (Basic Average) Chart

Full Circle Lithium Annual Data
Trend Dec21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (Basic Average)
0.00 0.00 63.76 70.14 78.77

Full Circle Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 74.59 74.61 75.91 89.97 98.44
FCLIF
29GF Score
Full Circle Lithium Corp FCLIF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Full Circle Lithium 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 98.44 Mil mean?
Full Circle Lithium (FCLIF) has a Shares Outstanding (Basic Average) of 98.44 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Full Circle Lithium and its competitors.
Is Full Circle Lithium's Shares Outstanding (Basic Average) too high?
Full Circle Lithium's current Shares Outstanding (Basic Average) is 98.44 Mil. Overall, Full Circle Lithium has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Full Circle Lithium's Shares Outstanding (Basic Average) compare to competitors?
Full Circle Lithium's Shares Outstanding (Basic Average) of 98.44 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 Full Circle Lithium and its competitors. Full Circle Lithium's current Shares Outstanding (Basic Average) is 98.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Circle Lithium stock overvalued right now?
Full Circle Lithium (FCLIF) has a current Shares Outstanding (Basic Average) of 98.44 Mil. The current Shares Outstanding (Basic Average) is 98.44 Mil. Full Circle Lithium's overall GF Score™ is 29/100 with 3 warning signs 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 Full Circle Lithium (FCLIF), the current Shares Outstanding (Basic Average) is 98.44 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.

Full Circle Lithium Business Description

Other Exchanges FCLI:Canada
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. It operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X. The geographic revenue is derived from United States.
29GF 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.

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