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

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What is Atlanta Gold 3-Year Share Buyback Ratio?

Atlanta Gold ATLDF -99.92% 3-Year 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-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Atlanta Gold's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for Atlanta Gold's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 13 years, Atlanta Gold's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

ATLDF's 3-Year Share Buyback Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: -17.4
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

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

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

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-Year Share Buyback Ratio Related Terms

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

For the Gold subindustry, Atlanta Gold's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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-Year Share Buyback Ratio vs Metals & Mining Industry

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

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


Atlanta Gold 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of 0.00 mean?
Atlanta Gold (ATLDF) has a 3-Year Share Buyback Ratio of 0.00 as of Sep. 2018. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Atlanta Gold and its competitors.
Is Atlanta Gold's 3-Year Share Buyback Ratio too high?
Atlanta Gold's current 3-Year Share Buyback Ratio is 0.00.
How does Atlanta Gold's 3-Year Share Buyback Ratio compare to OSTO and LKAI?
Atlanta Gold's 3-Year 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-Year Share Buyback Ratio for a Metals & Mining company?
A good 3-Year Share Buyback Ratio depends on the Metals & Mining industry context. However, 3-Year 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-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Atlanta Gold and its competitors. Atlanta Gold's current 3-Year 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-Year Share Buyback Ratio of 0.00. The current 3-Year Share Buyback Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Atlanta Gold (ATLDF), the current 3-Year 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.