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Lake Victoria Gold (FRA:E1K) 5-Year Share Buyback Ratio : -15.80% (As of Sep. 2024)


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What is Lake Victoria Gold 5-Year Share Buyback Ratio?

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

5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Lake Victoria Gold's current 5-Year Share Buyback Ratio was -15.80%.

FRA:E1K's 5-Year Share Buyback Ratio is ranked better than
54.73% of 1840 companies
in the Metals & Mining industry
Industry Median: -18.35 vs FRA:E1K: -15.80

Competitive Comparison of Lake Victoria Gold's 5-Year Share Buyback Ratio

For the Gold subindustry, Lake Victoria Gold's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.


Lake Victoria Gold's 5-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lake Victoria Gold's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Lake Victoria Gold's 5-Year Share Buyback Ratio falls into.


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Lake Victoria Gold 5-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.


Lake Victoria Gold (FRA:E1K) 5-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.


Lake Victoria Gold 5-Year Share Buyback Ratio Related Terms

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Lake Victoria Gold Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Lake Victoria Gold Ltd is a junior mineral exploration company. It is engaged in the acquisition and exploration of mineral properties located in Tanzania. The company focuses on gold exploration and development. Its project includes the Tembo Gold Project located in northwest Tanzania. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets.

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