Antofagasta (MEX:ANTO N) Shares Outstanding (Basic Average): 986 Mil (As of Dec. 2025)


MEX:ANTO N Antofagasta PLC MEX:ANTO N
87 GF Score
Price MXN349.32
GF Value MXN216.09
! 8 Warning Signs
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What is Antofagasta Shares Outstanding (Basic Average)?

Antofagasta MEX:ANTO N 87 Shares Outstanding (Basic Average) is 986 Mil as of Dec. 2025. GuruFocus rates MEX:ANTO N with a GF Score™ of 87/100 and a GF Value™ of MXN216.09. The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Antofagasta's average basic shares outstanding for the quarter that ended in Dec. 2025 was 986 Mil.


Antofagasta  (MEX:ANTO N) 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.


Antofagasta Shares Outstanding (Basic Average) Related Terms


Antofagasta Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Antofagasta'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.

Antofagasta Shares Outstanding (Basic Average) Chart

Antofagasta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 985.86 985.86 985.86 985.86 985.86

Antofagasta Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 985.86 985.86 985.86 985.86 985.86
MEX:ANTO N
87GF Score
Antofagasta PLC MEX:ANTO N
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Antofagasta 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 986 Mil mean?
Antofagasta (MEX:ANTO N) has a Shares Outstanding (Basic Average) of 986 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Antofagasta and its competitors.
Is Antofagasta's Shares Outstanding (Basic Average) too high?
Antofagasta's current Shares Outstanding (Basic Average) is 986 Mil. Overall, Antofagasta has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Antofagasta's Shares Outstanding (Basic Average) compare to SCCO and FCX?
Antofagasta's Shares Outstanding (Basic Average) of 986 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 Antofagasta and its competitors. Antofagasta's current Shares Outstanding (Basic Average) is 986 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antofagasta stock overvalued right now?
Antofagasta (MEX:ANTO N) has a current Shares Outstanding (Basic Average) of 986 Mil. The stock's GF Value™ is MXN216.09, compared to a current price of MXN349.32 — trading 61.7% above its estimated fair value. The current Shares Outstanding (Basic Average) is 986 Mil. Antofagasta's overall GF Score™ is 87/100 with 8 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 Antofagasta (MEX:ANTO N), the current Shares Outstanding (Basic Average) is 986 Mil as of Dec. 2025. 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 Antofagasta (MEX:ANTO N) Overvalued in 2026?

Based on GuruFocus' analysis, Antofagasta stock appears to be overvalued. The current stock price of MXN349.32 is trading 61.7% above its estimated GF Value™ of MXN216.09.

Key valuation signals for MEX:ANTO N:

  • Shares Outstanding (Basic Average): 986 Mil
  • GF Value™: MXN216.09 vs. price of MXN349.32 (61.7% above fair value)
  • GF Score™: 87/100 with 8 warning signs

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


Antofagasta Business Description

Address 103 Mount Street, London, GBR, W1K 2TJ
Antofagasta PLC is a Chilean copper mining company. The company operates four copper mines in Chile, two of which produce volumes of by-products. The company also has a portfolio of growth opportunities located mainly in Chile. In addition to mining, the company has a transport division providing rail and road cargo services in northern Chile to mining customers. Geographically, the company's operations are located in the Antofagasta Region of northern Chile except for its flagship operation, Los Pelambres, which is in the Coquimbo Region of central Chile. The operating business segments are Los Pelambres, Centinela, Antucoya, Zaldivar, Exploration and evaluation, Corporate and other items, and Transport division.
87GF Score

Get the complete analysis for MEX:ANTO N

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

MXN349.32
Price
MXN216.09
GF Value