Nano One Materials (TSX:NANO) Shares Outstanding (Basic Average): 119.40 Mil (As of Mar. 2026)


TSX:NANO Nano One Materials Corp TSX:NANO
32 GF Score
Price C$0.78
! 2 Warning Signs
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What is Nano One Materials Shares Outstanding (Basic Average)?

Nano One Materials TSX:NANO -1.27% 32 Shares Outstanding (Basic Average) is 119.40 Mil as of Mar. 2026. GuruFocus rates TSX:NANO with a GF Score™ of 32/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nano One Materials's average basic shares outstanding for the quarter that ended in Mar. 2026 was 119.40 Mil.


Nano One Materials  (TSX:NANO) 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.


Nano One Materials Shares Outstanding (Basic Average) Related Terms


Nano One Materials Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Nano One Materials'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.

Nano One Materials Shares Outstanding (Basic Average) Chart

Nano One Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.88 98.19 105.08 111.30 112.15

Nano One Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 111.43 111.49 111.51 114.16 119.40
TSX:NANO
32GF Score
Nano One Materials Corp TSX:NANO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nano One Materials 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 119.40 Mil mean?
Nano One Materials (TSX:NANO) has a Shares Outstanding (Basic Average) of 119.40 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nano One Materials and its competitors.
Is Nano One Materials' Shares Outstanding (Basic Average) too high?
Nano One Materials' current Shares Outstanding (Basic Average) is 119.40 Mil. Overall, Nano One Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Nano One Materials' Shares Outstanding (Basic Average) compare to LIN and SHW?
Nano One Materials' Shares Outstanding (Basic Average) of 119.40 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals 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 Nano One Materials and its competitors. Nano One Materials's current Shares Outstanding (Basic Average) is 119.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano One Materials stock overvalued right now?
Nano One Materials (TSX:NANO) has a current Shares Outstanding (Basic Average) of 119.40 Mil. The current Shares Outstanding (Basic Average) is 119.40 Mil. Nano One Materials' overall GF Score™ is 32/100 with 2 warning signs to review. 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 Nano One Materials (TSX:NANO), the current Shares Outstanding (Basic Average) is 119.40 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.

Nano One Materials Business Description

Other Exchanges NNOMF:USALBMB:Germany
Address 8575 Government Street, Unit 101B, Burnaby, BC, CAN, V3N 4V1
Nano One Materials Corp is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Its applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company's patented One-Pot process reduces costs, is easier to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. Its production is being piloted and demonstrated in Candiac, Quebec, drawing on existing plant and decades of commercial lithium-iron phosphate (LFP) manufacturing experience. It supports the drive towards energy security, supply chain resilience, industrial competitiveness, and improved performance through process innovation.
32GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.78
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