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Prospector Metals (TSXV:PPP) 3-Year Share Buyback Ratio : -26.10% (As of Sep. 2024)


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What is Prospector Metals 3-Year Share Buyback Ratio?

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

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Prospector Metals's current 3-Year Share Buyback Ratio was -26.10%.

The historical rank and industry rank for Prospector Metals's 3-Year Share Buyback Ratio or its related term are showing as below:

TSXV:PPP' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -57.2   Med: -26   Max: -1.1
Current: -26.1

During the past 13 years, Prospector Metals's highest 3-Year Share Buyback Ratio was -1.10%. The lowest was -57.20%. And the median was -26.00%.

TSXV:PPP's 3-Year Share Buyback Ratio is ranked worse than
70.59% of 2030 companies
in the Metals & Mining industry
Industry Median: -14.8 vs TSXV:PPP: -26.10

Competitive Comparison of Prospector Metals's 3-Year Share Buyback Ratio

For the Gold subindustry, Prospector Metals's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.


Prospector Metals's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Prospector Metals's 3-Year Share Buyback Ratio falls into.


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Prospector Metals 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Prospector Metals (TSXV:PPP) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


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.


Prospector Metals 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Prospector Metals's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Prospector Metals Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Prospector Metals Corp is a Discovery Group Company focused on district scale, early-stage exploration of gold and base metal prospects. The company identifies underexplored or overlooked mineral districts displaying important structural and mineralogical occurrences similar to more established mining operations.
Executives
Andrew Rockandel Director
Robert Leslie Carpenter Director

Prospector Metals Headlines

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