PLBLF (Altus Copper) Shares Outstanding (Basic Average): 2.11 Mil (As of Jun. 2023)


What is Altus Copper Shares Outstanding (Basic Average)?

Altus Copper PLBLF Shares Outstanding (Basic Average) is 2.11 Mil as of Jun. 2023.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Altus Copper's average basic shares outstanding for the quarter that ended in Jun. 2023 was 2.11 Mil.

Altus Copper  (OTCPK:PLBLF) 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.

Altus Copper Shares Outstanding (Basic Average) Related Terms

Altus Copper Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Altus Copper'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.

Altus Copper Shares Outstanding (Basic Average) Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
Shares Outstanding (Basic Average)
2.11 2.11 2.11

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.11 2.11 2.11 2.11 2.11

Altus Copper 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 2.11 Mil mean?
Altus Copper (PLBLF) has a Shares Outstanding (Basic Average) of 2.11 Mil as of Jun. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Altus Copper and its competitors.
Is Altus Copper's Shares Outstanding (Basic Average) too high?
Altus Copper's current Shares Outstanding (Basic Average) is 2.11 Mil.
How does Altus Copper's Shares Outstanding (Basic Average) compare to TTCFQ and BSFC?
Altus Copper's Shares Outstanding (Basic Average) of 2.11 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Shares Outstanding (Basic Average) depends on the Consumer Packaged Goods 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 Altus Copper and its competitors. Altus Copper's current Shares Outstanding (Basic Average) is 2.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current Shares Outstanding (Basic Average) of 2.11 Mil. The current Shares Outstanding (Basic Average) is 2.11 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 Altus Copper (PLBLF), the current Shares Outstanding (Basic Average) is 2.11 Mil as of Jun. 2023. 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.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.