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Volta Metals (XCNQ:VLTA) Shares Outstanding (Diluted Average) : 41.91 Mil (As of Mar. 2024)


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What is Volta Metals Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Volta Metals's average diluted shares outstanding for the quarter that ended in Mar. 2024 was 41.91 Mil.


Volta Metals Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Volta Metals'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.

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Volta Metals Shares Outstanding (Diluted Average) Chart

Volta Metals Annual Data
Trend Dec22 Dec23
Shares Outstanding (Diluted Average)
- 29.70

Volta Metals Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial 37.35 16.90 38.18 41.91 41.91

Volta Metals 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.


Volta Metals  (XCNQ:VLTA) 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.


Volta Metals Shares Outstanding (Diluted Average) Related Terms

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Volta Metals (XCNQ:VLTA) Business Description

Industry
Traded in Other Exchanges
Address
390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2
Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.
Executives
Kerem Usenmez Senior Officer

Volta Metals (XCNQ:VLTA) Headlines

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