MNMRF (Monumental Energy) Shares Outstanding (Basic Average): 78.61 Mil (As of Mar. 2026)


What is Monumental Energy Shares Outstanding (Basic Average)?

Monumental Energy MNMRF -17.98% Shares Outstanding (Basic Average) is 78.61 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Monumental Energy's average basic shares outstanding for the quarter that ended in Mar. 2026 was 78.61 Mil.

Monumental Energy  (OTCPK:MNMRF) 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.

Monumental Energy Shares Outstanding (Basic Average) Related Terms

Monumental Energy Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Monumental Energy'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.

Monumental Energy Shares Outstanding (Basic Average) Chart

Monumental Energy Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 17.48 29.83 48.09 57.59 60.46

Monumental Energy 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 57.59 62.41 62.43 69.98 78.61

Monumental Energy 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 78.61 Mil mean?
Monumental Energy (MNMRF) has a Shares Outstanding (Basic Average) of 78.61 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Monumental Energy and its competitors.
Is Monumental Energy's Shares Outstanding (Basic Average) too high?
Monumental Energy's current Shares Outstanding (Basic Average) is 78.61 Mil.
How does Monumental Energy's Shares Outstanding (Basic Average) compare to competitors?
Monumental Energy's Shares Outstanding (Basic Average) of 78.61 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 Monumental Energy and its competitors. Monumental Energy's current Shares Outstanding (Basic Average) is 78.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monumental Energy stock overvalued right now?
Monumental Energy (MNMRF) has a current Shares Outstanding (Basic Average) of 78.61 Mil. The current Shares Outstanding (Basic Average) is 78.61 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 Monumental Energy (MNMRF), the current Shares Outstanding (Basic Average) is 78.61 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.

Monumental Energy Business Description

Other Exchanges MNRG:Canada
Address 1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1
Monumental Energy Corp is an exploration-stage company engaged in the acquisition and exploration of mineral properties. The Company's current projects are the Jemi Project, the Laguna Project, and the Turi Project. The Jemi Project is located in the Ocampo municipality, a relatively remote region of western Coahuila state, Mexico. The Laguna Project is located near the town of San Pedro de Atacama, Chile. The Turi Project is located within the Lithium triangle northwest of the Salar de Laguna Blanca and northeast of the city of Calama, Chile.