Lumina Gold (STU:OMH2) 10-Year Share Buyback Ratio : -24.40% (As of Sep. 2024)

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What is Lumina Gold 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. Lumina Gold's current 10-Year Share Buyback Ratio was -24.40%.

STU:OMH2's 10-Year Share Buyback Ratio is ranked worse than
58.31% of 1648 companies
in the Metals & Mining industry
Industry Median: -19.5 vs STU:OMH2: -24.40

Competitive Comparison of Lumina Gold's 10-Year Share Buyback Ratio

For the Gold subindustry, Lumina Gold'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.

Lumina Gold's 10-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lumina Gold's 10-Year Share Buyback Ratio falls into.

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Lumina Gold 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.

Lumina Gold (STU:OMH2) 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.

Lumina Gold 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Lumina Gold's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Lumina Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lumina Gold Corp (STU:OMH2) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

LMGDF:USA OMH2:Germany LUM:Canada

Address

625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6

Website

http://www.luminagold.com

Lumina Gold Corp is a precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being turned to a Pre-Feasibility Study and is the primary gold deposit in Ecuador. The company has an experienced management team with a successful track record of advancing and monetizing exploration projects. It has one reportable operating segment, being that of the acquisition, exploration and evaluation of mineral properties in Ecuador.

Lumina Gold Headlines

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