International Frontier Resources (TSXV:IFR) Shares Outstanding (Basic Average): 38.09 Mil (As of Mar. 2026)


What is International Frontier Resources Shares Outstanding (Basic Average)?

International Frontier Resources TSXV:IFR Shares Outstanding (Basic Average) is 38.09 Mil as of Mar. 2026. 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. International Frontier Resources's average basic shares outstanding for the quarter that ended in Mar. 2026 was 38.09 Mil.

International Frontier Resources  (TSXV:IFR) 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.

International Frontier Resources Shares Outstanding (Basic Average) Related Terms

International Frontier Resources Shares Outstanding (Basic Average) Historical Data

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The historical data trend for International Frontier 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.

International Frontier Resources Shares Outstanding (Basic Average) Chart

International Frontier Resources 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 13.55 14.96 14.96 30.60 38.09

International Frontier Resources 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 38.09 38.09 38.09 38.09 38.09

International Frontier 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 38.09 Mil mean?
International Frontier Resources (TSXV:IFR) has a Shares Outstanding (Basic Average) of 38.09 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on International Frontier Resources and its competitors.
Is International Frontier Resources' Shares Outstanding (Basic Average) too high?
International Frontier Resources' current Shares Outstanding (Basic Average) is 38.09 Mil.
How does International Frontier Resources' Shares Outstanding (Basic Average) compare to COP and EOG?
International Frontier Resources' Shares Outstanding (Basic Average) of 38.09 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas 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 International Frontier Resources and its competitors. International Frontier Resources's current Shares Outstanding (Basic Average) is 38.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Frontier Resources stock overvalued right now?
International Frontier Resources (TSXV:IFR) has a current Shares Outstanding (Basic Average) of 38.09 Mil. The current Shares Outstanding (Basic Average) is 38.09 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 International Frontier Resources (TSXV:IFR), the current Shares Outstanding (Basic Average) is 38.09 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.

International Frontier Resources Business Description

Industry EnergyOil & Gas
Address 736 Sixth Avenue S.W, Suite 2150, Calgary, AB, CAN, T2P0T7
International Frontier Resources Corp is engaged in the exploration and development of oil and natural gas reserves. The company acquires, develops, exploits, and produces oil and natural gas in Mexico, the Northwest Territories, Canada, Tecolutla Contract Mexico, and in northwest Montana in the United States. The company operates in Canada and Mexico's geographical segments.