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ARTTF (Artemis Resources) 3-Year Share Buyback Ratio : -12.00% (As of Dec. 2024)


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What is Artemis Resources 3-Year Share Buyback Ratio?

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. Artemis Resources's current 3-Year Share Buyback Ratio was -12.00%.

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

ARTTF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -87.3   Med: -47.3   Max: -12
Current: -12

During the past 13 years, Artemis Resources's highest 3-Year Share Buyback Ratio was -12.00%. The lowest was -87.30%. And the median was -47.30%.

ARTTF's 3-Year Share Buyback Ratio is ranked better than
56.83% of 2050 companies
in the Metals & Mining industry
Industry Median: -14.75 vs ARTTF: -12.00

Competitive Comparison of Artemis Resources's 3-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Artemis Resources'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.


Artemis Resources's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

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


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Artemis Resources 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.


Artemis Resources (OTCPK:ARTTF) 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.


Artemis Resources 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Artemis Resources's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Artemis Resources Business Description

Traded in Other Exchanges
Address
10 Ord Street, Level 2, West Perth, WA, AUS, 6005
Artemis Resources Ltd operates in Australia as a mineral and mining exploration company. The company is focused on exploration in the West Pilbara for gold, cobalt, base metals, platinum, and platinum group elements. Some of its projects include Armada/Paterson Range, Carlow Castle, Radio Hill Processing Plant, and Munni Munni PGE Project, among others. The firm has two reportable segments, mineral exploration activities, and development expenditure.

Artemis Resources Headlines

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