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Almaden Minerals (TSX:AMM) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2024 )


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What is Almaden Minerals 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. Almaden Minerals's current 3-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Almaden Minerals's 3-Month Share Buyback Ratio

For the Gold subindustry, Almaden Minerals'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.


Almaden Minerals's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Almaden Minerals's 3-Month Share Buyback Ratio falls into.


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Almaden Minerals 3-Month Share Buyback Ratio Calculation

Almaden Minerals's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(137.221 - 137.221) / 137.221
=0.00%

* 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.


Almaden Minerals  (TSX:AMM) 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.


Almaden Minerals 3-Month Share Buyback Ratio Related Terms


Almaden Minerals Business Description

Traded in Other Exchanges
Address
1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9
Almaden Minerals Ltd is an exploration stage company and is engaged in the exploration and development of properties in Canada and Mexico. The company owns an interest in the Tuligtic project in Puebla State, Mexico. Tuligtic covers the Ixtaca Gold-Silver Deposit.
Executives
James Duane Poliquin Director, Senior Officer
John Daniel Mccleary Director
Korm Trieu Senior Officer
Mark Thomas Brown Director
Morgan James Poliquin Director, Senior Officer

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