Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nickel 28 CapitalCONXF -1.63%38 3-Year Share Buyback Ratio is 1.80 as of Apr. 2026. GuruFocus rates CONXF with a GF Score™ of 38/100. Among 2,164 Metals & Mining companies, Nickel 28 Capital ranks better than 98.61% on this metric.
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. Nickel 28 Capital's current 3-Year Share Buyback Ratio was 1.80%.
The historical rank and industry rank for Nickel 28 Capital's 3-Year Share Buyback Ratio or its related term are showing as below:
CONXF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.9 Med: -1.25 Max: 1.8
Current: 1.8
During the past 7 years, Nickel 28 Capital's highest 3-Year Share Buyback Ratio was 1.80%. The lowest was -3.90%. And the median was -1.25%.
CONXF's 3-Year Share Buyback Ratio is ranked better than 98.61% of 2164
companies
in the Metals & Mining industry
Industry Median: -17.4
vs CONXF: 1.80
Nickel 28 Capital (OTCPK:CONXF) 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.
Nickel 28 Capital 3-Year Share Buyback Ratio Related Terms
Nickel 28 Capital 3-Year Share Buyback Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.
Nickel 28 Capital 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital's 3-Year Share Buyback Ratio falls into.
Nickel 28 Capital 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 1.80 mean?
Nickel 28 Capital (CONXF) has a 3-Year Share Buyback Ratio of 1.80 as of Apr. 2026. 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 Nickel 28 Capital and its competitors. According to the industry distribution chart, Nickel 28 Capital ranks #30 out of 2164 companies in the Metals & Mining industry, placing it in the top 1.4%.
Is Nickel 28 Capital's 3-Year Share Buyback Ratio too high?
Nickel 28 Capital's current 3-Year Share Buyback Ratio is 1.80. Based on the distribution chart, Nickel 28 Capital ranks #30 out of 2164 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nickel 28 Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's 3-Year Share Buyback Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #30 out of 2164 companies for 3-Year Share Buyback Ratio. This places Nickel 28 Capital in the top 1% of its industry — outperforming the majority of peers. 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 Nickel 28 Capital and its competitors. Nickel 28 Capital's current 3-Year Share Buyback Ratio is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current 3-Year Share Buyback Ratio of 1.80. The current 3-Year Share Buyback Ratio is 1.80. Nickel 28 Capital's overall GF Score™ is 38/100. 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 Nickel 28 Capital (CONXF), the current 3-Year Share Buyback Ratio is 1.80 as of Apr. 2026. 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.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
38GF Score
Get the complete analysis for CONXF
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CONXF has been successfully added to your 
