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.
Visible Gold MinesTSXV:VGD +11.76%38 3-Year Share Buyback Ratio is -3.20 as of Jan. 2026. GuruFocus rates TSXV:VGD with a GF Score™ of 38/100. Among 2,169 Metals & Mining companies, Visible Gold Mines ranks better than 83.08% 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. Visible Gold Mines's current 3-Year Share Buyback Ratio was -3.20%.
The historical rank and industry rank for Visible Gold Mines's 3-Year Share Buyback Ratio or its related term are showing as below:
TSXV:VGD'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -30.9 Med: -18.6 Max: -1.3
Current: -3.2
During the past 13 years, Visible Gold Mines's highest 3-Year Share Buyback Ratio was -1.30%. The lowest was -30.90%. And the median was -18.60%.
TSXV:VGD's 3-Year Share Buyback Ratio is ranked better than 83.08% of 2169
companies
in the Metals & Mining industry
Industry Median: -17.7
vs TSXV:VGD: -3.20
Visible Gold Mines (TSXV:VGD) 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.
Visible Gold Mines 3-Year Share Buyback Ratio Related Terms
TSXV:VGD vs NEM, AU: 3-Year Share Buyback Ratio Comparison
For the Gold subindustry, Visible Gold Mines'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.
Visible Gold Mines 3-Year Share Buyback Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Visible Gold Mines's 3-Year Share Buyback Ratio falls into.
Visible Gold Mines 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 -3.20 mean?
Visible Gold Mines (TSXV:VGD) has a 3-Year Share Buyback Ratio of -3.20 as of Jan. 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 Visible Gold Mines and its competitors. According to the industry distribution chart, Visible Gold Mines ranks #367 out of 2169 companies in the Metals & Mining industry, placing it in the top 16.9%.
Is Visible Gold Mines' 3-Year Share Buyback Ratio too high?
Visible Gold Mines' current 3-Year Share Buyback Ratio is -3.20. Based on the distribution chart, Visible Gold Mines ranks #367 out of 2169 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' 3-Year Share Buyback Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #367 out of 2169 companies for 3-Year Share Buyback Ratio. This places Visible Gold Mines in the top 17% 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 Visible Gold Mines and its competitors. Visible Gold Mines's current 3-Year Share Buyback Ratio is -3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (TSXV:VGD) has a current 3-Year Share Buyback Ratio of -3.20. The current 3-Year Share Buyback Ratio is -3.20. Visible Gold Mines' 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 Visible Gold Mines (TSXV:VGD), the current 3-Year Share Buyback Ratio is -3.20 as of Jan. 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.
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score
Get the complete analysis for TSXV:VGD
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
TSXV:VGD has been successfully added to your 
