Ceylon Graphite (TSXV:CYL) Shares Outstanding (Basic Average): 154.36 Mil (As of Sep. 2022)


What is Ceylon Graphite Shares Outstanding (Basic Average)?

Ceylon Graphite TSXV:CYL Shares Outstanding (Basic Average) is 154.36 Mil as of Sep. 2022.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ceylon Graphite's average basic shares outstanding for the quarter that ended in Sep. 2022 was 154.36 Mil.

Ceylon Graphite  (TSXV:CYL) 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.

Ceylon Graphite Shares Outstanding (Basic Average) Related Terms

Ceylon Graphite Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Ceylon Graphite'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.

Ceylon Graphite Shares Outstanding (Basic Average) Chart

Ceylon Graphite Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.67 54.77 60.15 121.52 130.53

Ceylon Graphite Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 128.66 129.51 134.48 144.95 154.36

Ceylon Graphite 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 154.36 Mil mean?
Ceylon Graphite (TSXV:CYL) has a Shares Outstanding (Basic Average) of 154.36 Mil as of Sep. 2022. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Ceylon Graphite and its competitors.
Is Ceylon Graphite's Shares Outstanding (Basic Average) too high?
Ceylon Graphite's current Shares Outstanding (Basic Average) is 154.36 Mil.
How does Ceylon Graphite's Shares Outstanding (Basic Average) compare to competitors?
Ceylon Graphite's Shares Outstanding (Basic Average) of 154.36 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 Ceylon Graphite and its competitors. Ceylon Graphite's current Shares Outstanding (Basic Average) is 154.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceylon Graphite stock overvalued right now?
Ceylon Graphite (TSXV:CYL) has a current Shares Outstanding (Basic Average) of 154.36 Mil. The current Shares Outstanding (Basic Average) is 154.36 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 Ceylon Graphite (TSXV:CYL), the current Shares Outstanding (Basic Average) is 154.36 Mil as of Sep. 2022. 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.

Ceylon Graphite Business Description

Address 750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Ceylon Graphite Corp is a graphite mining company. It is engaged in the exploration and production of high-grade graphite. The company owns the K1 production site and several other sites advancing towards production including M1, N1 and H1.