NLPXF (Noble Mineral Exploration) Shares Outstanding (Basic Average): 256.16 Mil (As of Feb. 2026)


What is Noble Mineral Exploration Shares Outstanding (Basic Average)?

Noble Mineral Exploration NLPXF +5.69% Shares Outstanding (Basic Average) is 256.16 Mil as of Feb. 2026.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Noble Mineral Exploration's average basic shares outstanding for the quarter that ended in Feb. 2026 was 256.16 Mil.

Noble Mineral Exploration  (OTCPK:NLPXF) 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.

Noble Mineral Exploration Shares Outstanding (Basic Average) Related Terms

Noble Mineral Exploration Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Noble Mineral 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.

Noble Mineral Exploration Shares Outstanding (Basic Average) Chart

Noble Mineral Exploration Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.05 204.22 223.12 233.56 237.30

Noble Mineral Exploration Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 237.30 237.30 237.30 239.37 256.16

Noble Mineral 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 256.16 Mil mean?
Noble Mineral Exploration (NLPXF) has a Shares Outstanding (Basic Average) of 256.16 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Noble Mineral Exploration and its competitors.
Is Noble Mineral Exploration's Shares Outstanding (Basic Average) too high?
Noble Mineral Exploration's current Shares Outstanding (Basic Average) is 256.16 Mil.
How does Noble Mineral Exploration's Shares Outstanding (Basic Average) compare to competitors?
Noble Mineral Exploration's Shares Outstanding (Basic Average) of 256.16 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 Noble Mineral Exploration and its competitors. Noble Mineral Exploration's current Shares Outstanding (Basic Average) is 256.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Mineral Exploration stock overvalued right now?
Noble Mineral Exploration (NLPXF) has a current Shares Outstanding (Basic Average) of 256.16 Mil. The current Shares Outstanding (Basic Average) is 256.16 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 Noble Mineral Exploration (NLPXF), the current Shares Outstanding (Basic Average) is 256.16 Mil as of Feb. 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.

Noble Mineral Exploration Business Description

Other Exchanges NB7:GermanyNOB:Canada
Address 120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Noble Mineral Exploration Inc is a Canadian-based exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Nagagami, Cere Villabon Newfoundland, Buckingham, Holdsworth and Hearst properties. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resources.