Stelmine Canada (FRA:SS5) Shares Outstanding (Basic Average): 101.91 Mil (As of Apr. 2024)


What is Stelmine Canada Shares Outstanding (Basic Average)?

Stelmine Canada FRA:SS5 Shares Outstanding (Basic Average) is 101.91 Mil as of Apr. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Stelmine Canada's average basic shares outstanding for the quarter that ended in Apr. 2024 was 101.91 Mil.

Stelmine Canada  (FRA:SS5) 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.

Stelmine Canada Shares Outstanding (Basic Average) Related Terms

Stelmine Canada Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Stelmine Canada'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.

Stelmine Canada Shares Outstanding (Basic Average) Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.65 35.73 44.45 78.50 89.81

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 89.58 90.50 93.19 94.66 101.91

Stelmine Canada 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 101.91 Mil mean?
Stelmine Canada (FRA:SS5) has a Shares Outstanding (Basic Average) of 101.91 Mil as of Apr. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Stelmine Canada and its competitors.
Is Stelmine Canada's Shares Outstanding (Basic Average) too high?
Stelmine Canada's current Shares Outstanding (Basic Average) is 101.91 Mil.
How does Stelmine Canada's Shares Outstanding (Basic Average) compare to NRHI and ENRT?
Stelmine Canada's Shares Outstanding (Basic Average) of 101.91 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 Stelmine Canada and its competitors. Stelmine Canada's current Shares Outstanding (Basic Average) is 101.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (FRA:SS5) has a current Shares Outstanding (Basic Average) of 101.91 Mil. The current Shares Outstanding (Basic Average) is 101.91 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 Stelmine Canada (FRA:SS5), the current Shares Outstanding (Basic Average) is 101.91 Mil as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.