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NorthX Nickel (XCNQ:NIX) 3-Month Share Buyback Ratio : -0.87% (As of Mar. 2025 )


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What is NorthX Nickel 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. NorthX Nickel's current 3-Month Share Buyback Ratio was -0.87%.


Competitive Comparison of NorthX Nickel's 3-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, NorthX Nickel'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.


NorthX Nickel's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

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


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NorthX Nickel 3-Month Share Buyback Ratio Calculation

NorthX Nickel's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2025 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2024 ) - Shares Outstanding (EOP) (Mar. 2025 )) / Shares Outstanding (EOP) (Dec. 2024 )
=(28.633 - 28.883) / 28.633
=-0.87%

* 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.


NorthX Nickel  (XCNQ:NIX) 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.


NorthX Nickel 3-Month Share Buyback Ratio Related Terms


NorthX Nickel Business Description

Traded in Other Exchanges
Address
200 Burrard Street, 1200 Waterfront Centre, Vancouver, BC, CAN, V7X 1T2
NorthX Nickel Corp is focused on the exploration of mineral claims located in Quebec and Ontario, Canada. The Company's primary mineral property is the Grasset Project in Quebec. The Company also holds a portfolio of 41 mineral properties in Ontario, of which 38 are situated in the Sudbury mining district.
Executives
Thomas Meyer Director, Senior Officer
Christian Peter Kargl-simard Director

NorthX Nickel Headlines

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