Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. The Metals Royalty Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 55.06 Mil.
The Metals Royalty Co (NAS:TMCR) 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.
The Metals Royalty Co Shares Outstanding (Basic Average) Related Terms
The Metals Royalty Co Shares Outstanding (Basic Average) Historical Data
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The historical data trend for The Metals Royalty Co'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.
The Metals Royalty Co Shares Outstanding (Basic Average) Chart
The Metals Royalty Co 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 55.06 Mil mean?
The Metals Royalty Co (TMCR) has a Shares Outstanding (Basic Average) of 55.06 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on The Metals Royalty Co and its competitors.
Is The Metals Royalty Co's Shares Outstanding (Basic Average) too high?
The Metals Royalty Co's current Shares Outstanding (Basic Average) is 55.06 Mil. Overall, The Metals Royalty Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does The Metals Royalty Co's Shares Outstanding (Basic Average) compare to LZM and REA?
The Metals Royalty Co's Shares Outstanding (Basic Average) of 55.06 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 The Metals Royalty Co and its competitors. The Metals Royalty Co's current Shares Outstanding (Basic Average) is 55.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Metals Royalty Co stock overvalued right now?
The Metals Royalty Co (TMCR) has a current Shares Outstanding (Basic Average) of 55.06 Mil. The current Shares Outstanding (Basic Average) is 55.06 Mil. The Metals Royalty Co's overall GF Score™ is 15/100. 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 The Metals Royalty Co (TMCR), the current Shares Outstanding (Basic Average) is 55.06 Mil as of Mar. 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.
The Metals Royalty Co Inc is engaged in the acquisition and management of critical metals and mineral royalties, streams, and other similar interests. It is focused on providing capital to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense, and re-industrialization. The company has two reportable operating segments, Metal and Minerals, and Oil and Gas. The company derives royalty income from its business activities.
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