Hispania Resources (TSXV:ESPN) Shares Outstanding (Basic Average): 88.43 Mil (As of Dec. 2025)

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What is Hispania Resources Shares Outstanding (Basic Average)?

Hispania Resources TSXV:ESPN Shares Outstanding (Basic Average) is 88.43 Mil as of Dec. 2025. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Hispania Resources's average basic shares outstanding for the quarter that ended in Dec. 2025 was 88.43 Mil.

Hispania Resources  (TSXV:ESPN) 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.

Hispania Resources Shares Outstanding (Basic Average) Related Terms

Hispania Resources Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Hispania Resources'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.

Hispania Resources Shares Outstanding (Basic Average) Chart

Hispania Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 58.51 56.31 58.51 58.51 65.99

Hispania Resources Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 58.51 58.51 58.51 58.51 88.43

Hispania Resources 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 88.43 Mil mean?
Hispania Resources (TSXV:ESPN) has a Shares Outstanding (Basic Average) of 88.43 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Hispania Resources and its competitors.
Is Hispania Resources' Shares Outstanding (Basic Average) too high?
Hispania Resources' current Shares Outstanding (Basic Average) is 88.43 Mil.
How does Hispania Resources' Shares Outstanding (Basic Average) compare to competitors?
Hispania Resources' Shares Outstanding (Basic Average) of 88.43 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 Hispania Resources and its competitors. Hispania Resources's current Shares Outstanding (Basic Average) is 88.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hispania Resources stock overvalued right now?
Hispania Resources (TSXV:ESPN) has a current Shares Outstanding (Basic Average) of 88.43 Mil. The current Shares Outstanding (Basic Average) is 88.43 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 Hispania Resources (TSXV:ESPN), the current Shares Outstanding (Basic Average) is 88.43 Mil as of Dec. 2025. 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.

Hispania Resources Business Description

Address 60 Wellesley Street West, Unit 2, Toronto, ON, CAN, M5S 3L2
Hispania Resources Inc is an exploration and development company focused on the acquisition, exploration, and development of properties in Spain. The Company is a mineral exploration company focused on mining opportunities in Spain and is currently focused on developing three core assets across Spain, including the Otero copper-zinc project.