California Gold Mining (California Gold Mining) Shares Outstanding (Diluted Average) : 65.11 Mil (As of May. 2021)

California Gold Mining Shares Outstanding (Diluted Average) Chart

California Gold Mining Annual Data
	Trend	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20
Shares Outstanding (Diluted Average)		Get a 7-Day Free Trial					28.35	32.03	45.17	56.24	61.39

California Gold Mining Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21
Shares Outstanding (Diluted Average)	Get a 7-Day Free Trial															60.60	64.29	65.11	65.11	65.11

California Gold Mining Shares Outstanding (Diluted 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.

California Gold Mining  (OTCPK:CFGMF) Shares Outstanding (Diluted 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.

California Gold Mining Shares Outstanding (Diluted Average) Related Terms

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California Gold Mining (California Gold Mining) Business Description