RYMM (Royal Mines & Minerals) Shares Outstanding (Diluted Average): 245.20 Mil (As of Jul. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Royal Mines & Minerals Shares Outstanding (Diluted Average)?

Royal Mines & Minerals RYMM -99.50% Shares Outstanding (Diluted Average) is 245.20 Mil as of Jul. 2017.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Royal Mines & Minerals's average diluted shares outstanding for the quarter that ended in Jul. 2017 was 245.20 Mil.

Royal Mines & Minerals  (OTCPK:RYMM) 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.

Royal Mines & Minerals Shares Outstanding (Diluted Average) Related Terms

Royal Mines & Minerals Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals's Shares Outstanding (Diluted 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.

Royal Mines & Minerals Shares Outstanding (Diluted Average) Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.54 197.75 220.36 228.79 238.50

Royal Mines & Minerals Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Shares Outstanding (Diluted 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 228.79 235.02 245.20 244.98 245.20

Royal Mines & Minerals 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.

What does a Shares Outstanding (Diluted Average) of 245.20 Mil mean?
Royal Mines & Minerals (RYMM) has a Shares Outstanding (Diluted Average) of 245.20 Mil as of Jul. 2017. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Shares Outstanding (Diluted Average) too high?
Royal Mines & Minerals' current Shares Outstanding (Diluted Average) is 245.20 Mil.
How does Royal Mines & Minerals' Shares Outstanding (Diluted Average) compare to competitors?
Royal Mines & Minerals' Shares Outstanding (Diluted Average) of 245.20 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 (Diluted Average) for a Metals & Mining company?
A good Shares Outstanding (Diluted Average) depends on the Metals & Mining industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Royal Mines & Minerals and its competitors. Royal Mines & Minerals's current Shares Outstanding (Diluted Average) is 245.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Mines & Minerals stock overvalued right now?
Royal Mines & Minerals (RYMM) has a current Shares Outstanding (Diluted Average) of 245.20 Mil. The current Shares Outstanding (Diluted Average) is 245.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Royal Mines & Minerals (RYMM), the current Shares Outstanding (Diluted Average) is 245.20 Mil as of Jul. 2017. 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.

Royal Mines & Minerals Business Description

Address 1080 Wigwam Parkway, Henderson, NV, USA, 89072
Royal Mines & Minerals Corp is involved in the business of the development of mining technologies for the extraction of precious metals. Its main objectives are to extract and refine precious metals from coal ash, ores, and other leachable assets, use its proprietary processes to create assets and joint venture, acquire and develop mining projects in North America.