Safi Silver (FRA:6XU) Shares Outstanding (Basic Average): 55.09 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:6XU Safi Silver Corp FRA:6XU
49 GF Score
Price €0.18
GF Value €4.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Safi Silver Shares Outstanding (Basic Average)?

Safi Silver FRA:6XU 49 Shares Outstanding (Basic Average) is 55.09 Mil as of Mar. 2026. GuruFocus rates FRA:6XU with a GF Score™ of 49/100 and a GF Value™ of €4.29 (Significantly Undervalued). 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. Safi Silver's average basic shares outstanding for the quarter that ended in Mar. 2026 was 55.09 Mil.


Safi Silver  (FRA:6XU) 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.


Safi Silver Shares Outstanding (Basic Average) Related Terms


Safi Silver Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Safi Silver'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.

Safi Silver Shares Outstanding (Basic Average) Chart

Safi Silver Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.39 34.40 38.94 44.78 54.71

Safi Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 47.66 1.07 54.52 54.78 55.09
FRA:6XU
49GF Score
Safi Silver Corp FRA:6XU
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Safi Silver 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 55.09 Mil mean?
Safi Silver (FRA:6XU) has a Shares Outstanding (Basic Average) of 55.09 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Safi Silver and its competitors.
Is Safi Silver's Shares Outstanding (Basic Average) too high?
Safi Silver's current Shares Outstanding (Basic Average) is 55.09 Mil. Overall, Safi Silver has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safi Silver's Shares Outstanding (Basic Average) compare to EXK?
Safi Silver's Shares Outstanding (Basic Average) of 55.09 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 Safi Silver and its competitors. Safi Silver's current Shares Outstanding (Basic Average) is 55.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safi Silver stock overvalued right now?
Based on GuruFocus' analysis, Safi Silver (FRA:6XU) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.29, compared to a current price of €0.18 — trading 95.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 55.09 Mil. Safi Silver's overall GF Score™ is 49/100 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 Safi Silver (FRA:6XU), the current Shares Outstanding (Basic Average) is 55.09 Mil as of Mar. 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.

Is Safi Silver (FRA:6XU) Overvalued in 2026?

Based on GuruFocus' analysis, Safi Silver stock appears to be undervalued. The current stock price of €0.18 is trading 95.8% below its estimated GF Value™ of €4.29. GuruFocus considers Safi Silver to be Significantly Undervalued.

Key valuation signals for FRA:6XU:

  • Shares Outstanding (Basic Average): 55.09 Mil
  • GF Value™: €4.29 vs. price of €0.18 (95.8% below fair value)
  • GF Score™: 49/100 with 1 warning sign

No single metric tells the full story. See the FRA:6XU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safi Silver Business Description

Other Exchanges PNTZF:USASF:Canada
Address 658 Lansdowne Avenue, Toronto, ON, CAN, M6H 3Y8
Safi Silver Corp is a Canadian exploration company with its core focus on polymetallic silver holdings in southern Morocco. Its project Portfolio includes the Addana Project, the Silver Hill Project, and the Kalahari Copper Project.
49GF Score

Get the complete analysis for FRA:6XU

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

€0.18
Price
€4.29
GF Value