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MLMLF (McFarlane Lake Mining) 3-Month Share Buyback Ratio : 0.00% (As of Feb. 2025 )


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What is McFarlane Lake Mining 3-Month Share Buyback Ratio?

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. McFarlane Lake Mining's current 3-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of McFarlane Lake Mining's 3-Month Share Buyback Ratio

For the Gold subindustry, McFarlane Lake Mining'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.


McFarlane Lake Mining's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where McFarlane Lake Mining's 3-Month Share Buyback Ratio falls into.


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McFarlane Lake Mining 3-Month Share Buyback Ratio Calculation

McFarlane Lake Mining's 3-Month Share Buyback Ratio for the quarter that ended in Feb. 2025 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Nov. 2024 ) - Shares Outstanding (EOP) (Feb. 2025 )) / Shares Outstanding (EOP) (Nov. 2024 )
=(244.739 - 244.739) / 244.739
=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.


McFarlane Lake Mining  (OTCPK:MLMLF) 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.


McFarlane Lake Mining 3-Month Share Buyback Ratio Related Terms


McFarlane Lake Mining Business Description

Traded in Other Exchanges
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.