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NWIFF (Nuinsco Resources) 5-Year Share Buyback Ratio : -8.00% (As of Sep. 2024)


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What is Nuinsco Resources 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. Nuinsco Resources's current 5-Year Share Buyback Ratio was -8.00%.

NWIFF's 5-Year Share Buyback Ratio is ranked better than
72.62% of 1841 companies
in the Metals & Mining industry
Industry Median: -18.3 vs NWIFF: -8.00

Competitive Comparison of Nuinsco Resources's 5-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Nuinsco Resources'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.


Nuinsco Resources's 5-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nuinsco Resources's 5-Year Share Buyback Ratio falls into.


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Nuinsco Resources 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.


Nuinsco Resources (OTCPK:NWIFF) 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.


Nuinsco Resources 5-Year Share Buyback Ratio Related Terms

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Nuinsco Resources Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 1802, Toronto, ON, CAN, M5H 2A4
Nuinsco Resources Ltd operates as an exploration and development company in Canada. It is engaged in the acquisition, exploration, and evaluation of properties for precious and base metals. The company also makes strategic investments through equity or loan financing to companies engaged in the exploration and development of resource properties. Its project portfolio includes the Prairie Lake project, Sunbeam project; Zigzag Lake; and the EI Sid project - Gold located in Egypt.