Abitibi Metals (XCNQ:AMQ) 3-Year Share Buyback Ratio : -49.50% (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Abitibi 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. Abitibi Metals's current 3-Year Share Buyback Ratio was -49.50%.

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

XCNQ:AMQ' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -49.5 Med: -42.3 Max: -35.1
Current: -49.5

During the past 6 years, Abitibi Metals's highest 3-Year Share Buyback Ratio was -35.10%. The lowest was -49.50%. And the median was -42.30%.

XCNQ:AMQ's 3-Year Share Buyback Ratio is ranked worse than
87.93% of 2030 companies
in the Metals & Mining industry
Industry Median: -14.8 vs XCNQ:AMQ: -49.50

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

For the Gold subindustry, Abitibi 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.

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

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

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

Save Embed

;

Save Embed

;

Abitibi 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.

Abitibi Metals (XCNQ:AMQ) 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.

Abitibi Metals 3-Year Share Buyback Ratio Related Terms

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

Abitibi Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Abitibi Metals Corp (XCNQ:AMQ) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

AMQFF:USA FW0:Germany

Address

1231 Huron Street, London, ON, CAN, N5Y 4L1

Website

https://www.abitibimetals.com

Abitibi Metals Corp is engaged in the business of acquisition, exploration, and development of base and precious metal mining properties in Ontario and Quebec. Its exploration mineral properties include the Horizon Property, Southern Arm, Quevillon West, Bonanza, Val D'Or North, Bescheferm, and B26. The company has one operating segment involved in the exploration of resource properties. All of its exploration activities are carried out in Canada.

Executives

Laurent Eustache	Senior Officer
Keith James Deluce	10% Security Holder, Director
Jonathon Deluce	10% Security Holder, Director, Senior Officer
Norman Farrell	Director
Quinn Field-dyte	Director, Senior Officer