Lithium Energi Exploration (HAM:L09) Shares Outstanding (Basic Average): 175.32 Mil (As of Nov. 2024)


What is Lithium Energi Exploration Shares Outstanding (Basic Average)?

Lithium Energi Exploration HAM:L09 Shares Outstanding (Basic Average) is 175.32 Mil as of Nov. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lithium Energi Exploration's average basic shares outstanding for the quarter that ended in Nov. 2024 was 175.32 Mil.


Lithium Energi Exploration  (HAM:L09) 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.


Lithium Energi Exploration Shares Outstanding (Basic Average) Related Terms


Lithium Energi Exploration Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Lithium Energi Exploration'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.

Lithium Energi Exploration Shares Outstanding (Basic Average) Chart

Lithium Energi Exploration Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.56 70.03 70.03 70.03 143.89

Lithium Energi Exploration Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 148.30 149.22 149.84 152.71 175.32

Lithium Energi Exploration 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 175.32 Mil mean?
Lithium Energi Exploration (HAM:L09) has a Shares Outstanding (Basic Average) of 175.32 Mil as of Nov. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lithium Energi Exploration and its competitors.
Is Lithium Energi Exploration's Shares Outstanding (Basic Average) too high?
Lithium Energi Exploration's current Shares Outstanding (Basic Average) is 175.32 Mil.
How does Lithium Energi Exploration's Shares Outstanding (Basic Average) compare to WOLV?
Lithium Energi Exploration's Shares Outstanding (Basic Average) of 175.32 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 Lithium Energi Exploration and its competitors. Lithium Energi Exploration's current Shares Outstanding (Basic Average) is 175.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Energi Exploration stock overvalued right now?
Lithium Energi Exploration (HAM:L09) has a current Shares Outstanding (Basic Average) of 175.32 Mil. The current Shares Outstanding (Basic Average) is 175.32 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 Lithium Energi Exploration (HAM:L09), the current Shares Outstanding (Basic Average) is 175.32 Mil as of Nov. 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.

Lithium Energi Exploration Business Description

Address 161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.