GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Elevation Gold Mining Corp (OTCPK:NTVMF) » Definitions » 3-Month Share Buyback Ratio

NTVMF (Elevation Gold Mining) 3-Month Share Buyback Ratio : -1.46% (As of Mar. 2024 )


View and export this data going back to 2021. Start your Free Trial

What is Elevation Gold Mining 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. Elevation Gold Mining's current 3-Month Share Buyback Ratio was -1.46%.


Competitive Comparison of Elevation Gold Mining's 3-Month Share Buyback Ratio

For the Gold subindustry, Elevation Gold Mining'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.


Elevation Gold Mining's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Elevation Gold Mining's 3-Month Share Buyback Ratio falls into.


;
;

Elevation Gold Mining 3-Month Share Buyback Ratio Calculation

Elevation Gold Mining's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2023 ) - Shares Outstanding (EOP) (Mar. 2024 )) / Shares Outstanding (EOP) (Dec. 2023 )
=(0 - 0) / 0
=N/A%

* 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.


Elevation Gold Mining  (OTCPK:NTVMF) 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.


Elevation Gold Mining 3-Month Share Buyback Ratio Related Terms


Elevation Gold Mining Business Description

Traded in Other Exchanges
N/A
Address
1188 West Georgia, Suite 1920, Vancouver, BC, CAN, V6E 4A2
Elevation Gold Mining Corp operates as a precious metals exploration and mining company. It acquires, explores for, and develops mineral properties in the United States and Canada. The company's principal operation is the production of gold and silver from Moss Mine in the Mohave County of Arizona. It also holds title to the Hercules exploration property, located in Lyon County, Nevada.