Resurgere Mines & Minerals India (NSE:RMMIL) Shares Outstanding (Basic Average): 198.58 Mil (As of Mar. 2018)


What is Resurgere Mines & Minerals India Shares Outstanding (Basic Average)?

Resurgere Mines & Minerals India NSE:RMMIL Shares Outstanding (Basic Average) is 198.58 Mil as of Mar. 2018.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Resurgere Mines & Minerals India's average basic shares outstanding for the quarter that ended in Mar. 2018 was 198.58 Mil.

Resurgere Mines & Minerals India  (NSE:RMMIL) 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.

Resurgere Mines & Minerals India Shares Outstanding (Basic Average) Related Terms

Resurgere Mines & Minerals India Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Shares Outstanding (Basic Average) Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.88 198.88 198.90 198.97 198.58

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 198.88 198.88 198.90 198.97 198.58

Resurgere Mines & Minerals India 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 198.58 Mil mean?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Shares Outstanding (Basic Average) of 198.58 Mil as of Mar. 2018. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Shares Outstanding (Basic Average) too high?
Resurgere Mines & Minerals India's current Shares Outstanding (Basic Average) is 198.58 Mil.
How does Resurgere Mines & Minerals India's Shares Outstanding (Basic Average) compare to competitors?
Resurgere Mines & Minerals India's Shares Outstanding (Basic Average) of 198.58 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 Resurgere Mines & Minerals India and its competitors. Resurgere Mines & Minerals India's current Shares Outstanding (Basic Average) is 198.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resurgere Mines & Minerals India stock overvalued right now?
Resurgere Mines & Minerals India (NSE:RMMIL) has a current Shares Outstanding (Basic Average) of 198.58 Mil. The current Shares Outstanding (Basic Average) is 198.58 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 Resurgere Mines & Minerals India (NSE:RMMIL), the current Shares Outstanding (Basic Average) is 198.58 Mil as of Mar. 2018. 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.

Resurgere Mines & Minerals India Business Description

Address 15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.