HEEVF (Helium Evolution) Shares Outstanding (Basic Average): 163.01 Mil (As of Mar. 2026)


HEEVF Helium Evolution Inc HEEVF
26 GF Score
Price $0.13
! 1 Warning Sign
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What is Helium Evolution Shares Outstanding (Basic Average)?

Helium Evolution HEEVF 26 Shares Outstanding (Basic Average) is 163.01 Mil as of Mar. 2026. GuruFocus rates HEEVF with a GF Score™ of 26/100. 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. Helium Evolution's average basic shares outstanding for the quarter that ended in Mar. 2026 was 163.01 Mil.


Helium Evolution  (OTCPK:HEEVF) 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.


Helium Evolution Shares Outstanding (Basic Average) Related Terms


Helium Evolution Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Helium Evolution'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.

Helium Evolution Shares Outstanding (Basic Average) Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 78.74 78.40 96.03 96.03 122.20

Helium Evolution 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 97.13 115.53 122.98 152.90 163.01
HEEVF
26GF Score
Helium Evolution Inc HEEVF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Helium Evolution 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 163.01 Mil mean?
Helium Evolution (HEEVF) has a Shares Outstanding (Basic Average) of 163.01 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Helium Evolution and its competitors.
Is Helium Evolution's Shares Outstanding (Basic Average) too high?
Helium Evolution's current Shares Outstanding (Basic Average) is 163.01 Mil. Overall, Helium Evolution has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Helium Evolution's Shares Outstanding (Basic Average) compare to COP and EOG?
Helium Evolution's Shares Outstanding (Basic Average) of 163.01 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas 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 Helium Evolution and its competitors. Helium Evolution's current Shares Outstanding (Basic Average) is 163.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helium Evolution stock overvalued right now?
Helium Evolution (HEEVF) has a current Shares Outstanding (Basic Average) of 163.01 Mil. The current Shares Outstanding (Basic Average) is 163.01 Mil. Helium Evolution's overall GF Score™ is 26/100 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 Helium Evolution (HEEVF), the current Shares Outstanding (Basic Average) is 163.01 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.

Helium Evolution Business Description

Industry EnergyOil & Gas
Other Exchanges HEVI:Canada
Address 400, 505 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is in the early stages of exploration for and production of helium as a resource. It is a Canadian-based helium exploration company holding helium land rights position in North America, focused on developing assets in southern Saskatchewan. The company has over five million acres of land under permit near discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. Its projects include Mankota Development Plan, Glenbain, Fox / Hatton, and Fox / Abbey.
26GF 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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