SXLXF (Slam Exploration) Shares Outstanding (Basic Average): 131.73 Mil (As of Jan. 2026)


What is Slam Exploration Shares Outstanding (Basic Average)?

Slam Exploration SXLXF Shares Outstanding (Basic Average) is 131.73 Mil as of Jan. 2026.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Slam Exploration's average basic shares outstanding for the quarter that ended in Jan. 2026 was 131.73 Mil.

Slam Exploration  (OTCPK:SXLXF) 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.

Slam Exploration Shares Outstanding (Basic Average) Related Terms

Slam Exploration Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Slam 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.

Slam Exploration Shares Outstanding (Basic Average) Chart

Slam Exploration Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.84 60.03 66.38 79.80 119.07

Slam Exploration Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 97.86 107.70 110.55 123.42 131.73

Slam 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 131.73 Mil mean?
Slam Exploration (SXLXF) has a Shares Outstanding (Basic Average) of 131.73 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Slam Exploration and its competitors.
Is Slam Exploration's Shares Outstanding (Basic Average) too high?
Slam Exploration's current Shares Outstanding (Basic Average) is 131.73 Mil.
How does Slam Exploration's Shares Outstanding (Basic Average) compare to NEM and AU?
Slam Exploration's Shares Outstanding (Basic Average) of 131.73 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 Slam Exploration and its competitors. Slam Exploration's current Shares Outstanding (Basic Average) is 131.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slam Exploration stock overvalued right now?
Slam Exploration (SXLXF) has a current Shares Outstanding (Basic Average) of 131.73 Mil. The current Shares Outstanding (Basic Average) is 131.73 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 Slam Exploration (SXLXF), the current Shares Outstanding (Basic Average) is 131.73 Mil as of Jan. 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.

Slam Exploration Business Description

Other Exchanges SXL:Canada
Address 295 Hutchinson Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is in the process of exploring its exploration and evaluation properties for mineral resources. The Company has determined that there was only one operating segment: the sector of exploration and evaluation in Canada. Its projects are Goodwin Copper-Nickel, Jake Lee - Love Lake Gold Project, Menneval Gold Project, Mine Road Project, and Harry Brook Project.