SAGD (South American Gold) Shares Outstanding (Basic Average): 0.14 Mil (As of Sep. 2013)


What is South American Gold Shares Outstanding (Basic Average)?

South American Gold SAGD Shares Outstanding (Basic Average) is 0.14 Mil as of Sep. 2013.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. South American Gold's average basic shares outstanding for the quarter that ended in Sep. 2013 was 0.14 Mil.

South American Gold  (OTCPK:SAGD) 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.

South American Gold Shares Outstanding (Basic Average) Related Terms

South American Gold Shares Outstanding (Basic Average) Historical Data

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The historical data trend for South American Gold'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.

South American Gold Shares Outstanding (Basic Average) Chart

South American Gold Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 0.11 0.11 0.08 0.04 0.06

South American Gold Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.04 0.05 0.06 0.11 0.14

South American Gold 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 0.14 Mil mean?
South American Gold (SAGD) has a Shares Outstanding (Basic Average) of 0.14 Mil as of Sep. 2013. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on South American Gold and its competitors.
Is South American Gold's Shares Outstanding (Basic Average) too high?
South American Gold's current Shares Outstanding (Basic Average) is 0.14 Mil.
How does South American Gold's Shares Outstanding (Basic Average) compare to RGGI and RAEWF?
South American Gold's Shares Outstanding (Basic Average) of 0.14 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Shares Outstanding (Basic Average) depends on the Drug Manufacturers 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 South American Gold and its competitors. South American Gold's current Shares Outstanding (Basic Average) is 0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South American Gold stock overvalued right now?
South American Gold (SAGD) has a current Shares Outstanding (Basic Average) of 0.14 Mil. The current Shares Outstanding (Basic Average) is 0.14 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 South American Gold (SAGD), the current Shares Outstanding (Basic Average) is 0.14 Mil as of Sep. 2013. 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.

South American Gold Business Description

Address 8275 S. Eastern Avenue, Suite 200, Las Vegas, NV, USA, 89123
South American Gold Corp owns, operates, and invests in cannabis-related products, services, and technology. The company is focused on tech related as well as more traditional physical product operations that will provide a diverse base of products and service offerings.