Advance Lithium (TSXV:AALI.H) Shares Outstanding (Basic Average): 80.76 Mil (As of Feb. 2023)


What is Advance Lithium Shares Outstanding (Basic Average)?

Advance Lithium TSXV:AALI.H Shares Outstanding (Basic Average) is 80.76 Mil as of Feb. 2023.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Advance Lithium's average basic shares outstanding for the quarter that ended in Feb. 2023 was 80.76 Mil.

Advance Lithium  (TSXV:AALI.H) 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.

Advance Lithium Shares Outstanding (Basic Average) Related Terms

Advance Lithium Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Advance Lithium'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.

Advance Lithium Shares Outstanding (Basic Average) Chart

Advance Lithium Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.14 20.25 33.40 50.67 68.27

Advance Lithium Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 63.01 88.87 75.22 77.57 80.76

Advance Lithium 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 80.76 Mil mean?
Advance Lithium (TSXV:AALI.H) has a Shares Outstanding (Basic Average) of 80.76 Mil as of Feb. 2023. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Advance Lithium and its competitors.
Is Advance Lithium's Shares Outstanding (Basic Average) too high?
Advance Lithium's current Shares Outstanding (Basic Average) is 80.76 Mil.
How does Advance Lithium's Shares Outstanding (Basic Average) compare to GKIN and BMXI?
Advance Lithium's Shares Outstanding (Basic Average) of 80.76 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 Advance Lithium and its competitors. Advance Lithium's current Shares Outstanding (Basic Average) is 80.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Lithium stock overvalued right now?
Advance Lithium (TSXV:AALI.H) has a current Shares Outstanding (Basic Average) of 80.76 Mil. The current Shares Outstanding (Basic Average) is 80.76 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 Advance Lithium (TSXV:AALI.H), the current Shares Outstanding (Basic Average) is 80.76 Mil as of Feb. 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.

Advance Lithium Business Description

Address 432 Royal Avenue, Kamloops, BC, CAN, V2B 3P7
Advance Lithium Corp is a junior exploration company focused on acquiring and exploring mineral properties containing precious metals, battery metals, and fertilizer minerals. The company acquired a 100% interest in the Tabasquena silver mine in Zacatecas, Mexico, and the Venaditas project, also in Zacatecas state.