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MNXXF (Manganese X Energy) 3-Month Share Buyback Ratio : -7.36% (As of Dec. 2024 )


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What is Manganese X Energy 3-Month Share Buyback Ratio?

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

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Manganese X Energy's current 3-Month Share Buyback Ratio was -7.36%.

Competitive Comparison of Manganese X Energy's 3-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Manganese X Energy's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Manganese X Energy's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Manganese X Energy's 3-Month Share Buyback Ratio falls into.


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Manganese X Energy 3-Month Share Buyback Ratio Calculation

Manganese X Energy's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Sep. 2024 )
=(143.994 - 154.594) / 143.994
=-7.36%

* 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.

Manganese X Energy  (OTCPK:MNXXF) 3-Month 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.

Manganese X Energy 3-Month Share Buyback Ratio Related Terms

Manganese X Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Manganese X Energy Corp (OTCPK:MNXXF) » Definitions » 3-Month Share Buyback Ratio
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Traded in Other Exchanges
9SC:Germany MN:Canada
Address
145 Rue Graveline, Saint Laurent, QC, CAN, H4T 1R3
Website
https://www.manganesexenergycorp.com
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.