ALBAF (Alba Mineral Resources) 6-Month Share Buyback Ratio : -7.71% (As of May. 2024 )

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What is Alba Mineral Resources 6-Month Share Buyback Ratio?

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

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago 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. Alba Mineral Resources's current 6-Month Share Buyback Ratio was -7.71%.

Competitive Comparison of Alba Mineral Resources's 6-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Alba Mineral Resources's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-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.

Alba Mineral Resources's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alba Mineral Resources's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Alba Mineral Resources's 6-Month Share Buyback Ratio falls into.

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Alba Mineral Resources 6-Month Share Buyback Ratio Calculation

Alba Mineral Resources's 6-Month Share Buyback Ratio for the quarter that ended in May. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Nov. 2023 )	-	Shares Outstanding (EOP) (May. 2024 ))	/	Shares Outstanding (EOP) (Nov. 2023 )
	=	(7733.689	-	8329.733)	/	7733.689
	=	-7.71%

* 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.

Alba Mineral Resources (OTCPK:ALBAF) 6-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.

Alba Mineral Resources 6-Month Share Buyback Ratio Related Terms

Alba Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alba Mineral Resources PLC (OTCPK:ALBAF) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ALBA.GB:UK ALBA:UK 9AB:Germany

Address

C/O Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London, GBR, EC2N 4BQ

Website

https://www.albamineralresources.com

Alba Mineral Resources PLC is an explorer with a commodity and owns and operates mining projects in Greenland (graphite, ilmenite, and iron ore), Wales (gold), as well as having an investment in the onshore UK oil and gas sector. The Group currently only has one primary reporting business segment, exploration and development. It operates geographically in areas including the Republic of Ireland, Greenland and England & Wales. Its projects include the Clogau Gold project, GreenRoc Mining plc- Amitsoq Graphite project, and also holds rights in properties for lithium exploration projects in Western Australia.

Alba Mineral Resources Headlines

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