Quartz Mountain Resources (TSXV:QZM) Shares Outstanding (Basic Average): 70.65 Mil (As of Jan. 2026)


TSXV:QZM Quartz Mountain Resources Ltd TSXV:QZM
32 GF Score
Price C$0.54
! 1 Warning Sign
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What is Quartz Mountain Resources Shares Outstanding (Basic Average)?

Quartz Mountain Resources TSXV:QZM 32 Shares Outstanding (Basic Average) is 70.65 Mil as of Jan. 2026. GuruFocus rates TSXV:QZM with a GF Score™ of 32/100. 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. Quartz Mountain Resources's average basic shares outstanding for the quarter that ended in Jan. 2026 was 70.65 Mil.

Quartz Mountain Resources  (TSXV:QZM) 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.

Quartz Mountain Resources Shares Outstanding (Basic Average) Related Terms

Quartz Mountain Resources Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Quartz Mountain 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.

Quartz Mountain Resources Shares Outstanding (Basic Average) Chart

Quartz Mountain Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.87 37.16 43.22 48.78 62.63

Quartz Mountain Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 58.87 63.72 69.05 69.94 70.65
TSXV:QZM
32GF Score
Quartz Mountain Resources Ltd TSXV:QZM
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Quartz Mountain 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 70.65 Mil mean?
Quartz Mountain Resources (TSXV:QZM) has a Shares Outstanding (Basic Average) of 70.65 Mil as of Jan. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Quartz Mountain Resources and its competitors.
Is Quartz Mountain Resources' Shares Outstanding (Basic Average) too high?
Quartz Mountain Resources' current Shares Outstanding (Basic Average) is 70.65 Mil. Overall, Quartz Mountain Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Quartz Mountain Resources' Shares Outstanding (Basic Average) compare to competitors?
Quartz Mountain Resources' Shares Outstanding (Basic Average) of 70.65 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 Quartz Mountain Resources and its competitors. Quartz Mountain Resources's current Shares Outstanding (Basic Average) is 70.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartz Mountain Resources stock overvalued right now?
Quartz Mountain Resources (TSXV:QZM) has a current Shares Outstanding (Basic Average) of 70.65 Mil. The current Shares Outstanding (Basic Average) is 70.65 Mil. Quartz Mountain Resources' overall GF Score™ is 32/100 with 1 warning sign to review. 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 Quartz Mountain Resources (TSXV:QZM), the current Shares Outstanding (Basic Average) is 70.65 Mil as of Jan. 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.

Quartz Mountain Resources Business Description

Other Exchanges QZMRF:USA
Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.
32GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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