Goldflare Exploration (TSXV:GOFL) Shares Outstanding (Basic Average): 33.06 Mil (As of Feb. 2026)

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What is Goldflare Exploration Shares Outstanding (Basic Average)?

Goldflare Exploration TSXV:GOFL Shares Outstanding (Basic Average) is 33.06 Mil as of Feb. 2026. 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. Goldflare Exploration's average basic shares outstanding for the quarter that ended in Feb. 2026 was 33.06 Mil.

Goldflare Exploration  (TSXV:GOFL) 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.

Goldflare Exploration Shares Outstanding (Basic Average) Related Terms

Goldflare Exploration Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Goldflare Exploration'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.

Goldflare Exploration Shares Outstanding (Basic Average) Chart

Goldflare Exploration Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.46 16.67 20.53 24.10 26.34

Goldflare Exploration Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 26.02 26.30 26.33 26.34 33.06

Goldflare Exploration 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 33.06 Mil mean?
Goldflare Exploration (TSXV:GOFL) has a Shares Outstanding (Basic Average) of 33.06 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Goldflare Exploration and its competitors.
Is Goldflare Exploration's Shares Outstanding (Basic Average) too high?
Goldflare Exploration's current Shares Outstanding (Basic Average) is 33.06 Mil.
How does Goldflare Exploration's Shares Outstanding (Basic Average) compare to NEM and AU?
Goldflare Exploration's Shares Outstanding (Basic Average) of 33.06 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 Goldflare Exploration and its competitors. Goldflare Exploration's current Shares Outstanding (Basic Average) is 33.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldflare Exploration stock overvalued right now?
Goldflare Exploration (TSXV:GOFL) has a current Shares Outstanding (Basic Average) of 33.06 Mil. The current Shares Outstanding (Basic Average) is 33.06 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 Goldflare Exploration (TSXV:GOFL), the current Shares Outstanding (Basic Average) is 33.06 Mil as of Feb. 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.

Goldflare Exploration Business Description

Address 109 Ch. Des Colibris, Piedmont, QC, CAN, J0R 1K0
Goldflare Exploration Inc is a mineral exploration company that owns a diversified portfolio of properties. it is the sole owner of the Aiguebelle-Goldfields, Ranger, Windfall, and Syenite Condor Properties; and it holds 50% of the Destorbelle Property. All of its properties are located in Quebec.