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QZMRF (Quartz Mountain Resources) 1-Year Share Buyback Ratio : -24.30% (As of Jan. 2025 )


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What is Quartz Mountain Resources 1-Year Share Buyback Ratio?

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

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Quartz Mountain Resources's current 1-Year Share Buyback Ratio was -24.30%.

QZMRF's 1-Year Share Buyback Ratio is ranked worse than
57.41% of 1916 companies
in the Metals & Mining industry
Industry Median: -18.7 vs QZMRF: -24.30

Competitive Comparison of Quartz Mountain Resources's 1-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Quartz Mountain Resources's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-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.


Quartz Mountain Resources's 1-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quartz Mountain Resources's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Quartz Mountain Resources's 1-Year Share Buyback Ratio falls into.


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Quartz Mountain Resources 1-Year Share Buyback Ratio Calculation

Quartz Mountain Resources's 1-Year Share Buyback Ratio for the quarter that ended in Jan. 2025 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Jan. 2024 ) - Shares Outstanding (EOP) (Jan. 2025 )) / Shares Outstanding (EOP) (Jan. 2024 )
=(47.347 - 58.868) / 47.347
=-24.3%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Quartz Mountain Resources  (OTCPK:QZMRF) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


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.


Quartz Mountain Resources 1-Year Share Buyback Ratio Related Terms


Quartz Mountain Resources Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.