Xtra-Gold Resources (TSX:XTG) 1-Year Share Buyback Ratio : 0.50% (As of Sep. 2024 )

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What is Xtra-Gold 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. Xtra-Gold Resources's current 1-Year Share Buyback Ratio was 0.50%.

TSX:XTG's 1-Year Share Buyback Ratio is ranked better than
96.87% of 1917 companies
in the Metals & Mining industry
Industry Median: -18.6 vs TSX:XTG: 0.50

Competitive Comparison of Xtra-Gold Resources's 1-Year Share Buyback Ratio

For the Gold subindustry, Xtra-Gold 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.

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

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

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

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Xtra-Gold Resources 1-Year Share Buyback Ratio Calculation

Xtra-Gold Resources's 1-Year Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Sep. 2023 )	-	Shares Outstanding (EOP) (Sep. 2024 ))	/	Shares Outstanding (EOP) (Sep. 2023 )
	=	(46.298	-	46.044)	/	46.298
	=	0.5%

* 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.

Xtra-Gold Resources (TSX:XTG) 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.

Xtra-Gold Resources 1-Year Share Buyback Ratio Related Terms

Xtra-Gold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xtra-Gold Resources Corp (TSX:XTG) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

XTGRF:USA

Address

Shirley Street Plaza, Suite 2150, P.O Box AP 59217, Nassau, BHS

Website

https://www.xtragold.com

Xtra-Gold Resources Corp became a resource exploration with gold exploration focused on defining a potentially resource on its Kibi Gold Discovery located in the Republic of Ghana, West Africa.. It has also engaged in the recovery of gold through alluvial operations on its claims. It includes the Kibi Gold Project and the Banso and Muoso Projects.

Executives

Leon Van Der Merwe	10% Security Holder
Yves Pierre Clement	Senior Officer
James Longshore	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Xtra-Gold Resources Headlines

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