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MNXXF (Manganese X Energy) 10-Year Share Buyback Ratio : -60.60% (As of Dec. 2024)


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What is Manganese X Energy 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten 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. Manganese X Energy's current 10-Year Share Buyback Ratio was -60.60%.

MNXXF's 10-Year Share Buyback Ratio is ranked worse than
90.65% of 1647 companies
in the Metals & Mining industry
Industry Median: -19.5 vs MNXXF: -60.60

Competitive Comparison of Manganese X Energy's 10-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Manganese X Energy's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-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.


Manganese X Energy's 10-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Manganese X Energy's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Manganese X Energy's 10-Year Share Buyback Ratio falls into.


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Manganese X Energy 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven 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.


Manganese X Energy (OTCPK:MNXXF) 10-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.


Manganese X Energy 10-Year Share Buyback Ratio Related Terms

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Manganese X Energy Business Description

Traded in Other Exchanges
Address
145 Rue Graveline, Saint Laurent, QC, CAN, H4T 1R3
Manganese X Energy Corp is a Canada-based junior mineral exploration and development company. The company is engaged in acquiring and exploring mineral properties in North America. It is focused on supplying materials to lithium-ion batteries and other alternative energy industries. The company's project consists of Battery Hill, located in the Canadian province of New Brunswick. The company also holds various other properties such as the Peter Lake Copper-Nickel-Cobalt property, Iron Ore Hill Road property, and others. It operates in two reportable operating segments, the acquisition and exploration of mineral property interests in Canada and technology development related to battery technologies and HVAC systems to respond to air quality needs.