ATLDF (Atlanta Gold) 3-Month Share Buyback Ratio: 0.00% (As of Sep. 2018 )

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What is Atlanta Gold 3-Month Share Buyback Ratio?

Atlanta Gold ATLDF -99.92% 3-Month Share Buyback Ratio is 0.00 as of Sep. 2018.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Atlanta Gold's current 3-Month Share Buyback Ratio was 0.00%.

Atlanta Gold  (OTCPK:ATLDF) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Atlanta Gold 3-Month Share Buyback Ratio Related Terms

ATLDF vs OSTO, LKAI, GRMC: 3-Month Share Buyback Ratio Comparison

For the Gold subindustry, Atlanta Gold's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlanta Gold 3-Month Share Buyback Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlanta Gold's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Atlanta Gold's 3-Month Share Buyback Ratio falls into.


Atlanta Gold 3-Month Share Buyback Ratio Calculation

Atlanta Gold's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2018 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2018 ) - Shares Outstanding (EOP) (Sep. 2018 )) / Shares Outstanding (EOP) (Jun. 2018 )
=(76.147 - 76.147) / 76.147
=0.00%

* 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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
Atlanta Gold (ATLDF) has a 3-Month Share Buyback Ratio of 0.00 as of Sep. 2018. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Atlanta Gold and its competitors.
Is Atlanta Gold's 3-Month Share Buyback Ratio too high?
Atlanta Gold's current 3-Month Share Buyback Ratio is 0.00.
How does Atlanta Gold's 3-Month Share Buyback Ratio compare to OSTO and LKAI?
Atlanta Gold's 3-Month Share Buyback Ratio of 0.00 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 3-Month Share Buyback Ratio for a Metals & Mining company?
A good 3-Month Share Buyback Ratio depends on the Metals & Mining industry context. However, 3-Month Share Buyback Ratio 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 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Atlanta Gold and its competitors. Atlanta Gold's current 3-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Gold stock overvalued right now?
Atlanta Gold (ATLDF) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Atlanta Gold (ATLDF), the current 3-Month Share Buyback Ratio is 0.00 as of Sep. 2018. 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.

Atlanta Gold Business Description

Address 100 King Street West, Suite 5600 - First Canadian Place, Toronto, ON, CAN, M5X 1C9
Atlanta Gold Inc is a Canada-based junior gold exploration and development company. The company's segment is its operation in the United States. It is engaged in the exploration, environmental permitting, engineering and development of the Atlanta Gold project (Atlanta Project). The Atlanta Project is a gold exploration property, which is located near Atlanta, Idaho, the United States. The company also holds a leasehold interest on over five patented lode claims known as the Neal Property.