GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magellan Copper and Gold Corp (OTCPK:MAGE) » Definitions » 6-Month Share Buyback Ratio

MAGE (Magellan Copper and Gold) 6-Month Share Buyback Ratio : -2.94% (As of Dec. 2024 )


View and export this data going back to 2012. Start your Free Trial

What is Magellan Copper and Gold 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. Magellan Copper and Gold's current 6-Month Share Buyback Ratio was -2.94%.

Competitive Comparison of Magellan Copper and Gold's 6-Month Share Buyback Ratio

For the Gold subindustry, Magellan Copper and Gold'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.

Magellan Copper and Gold's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Magellan Copper and Gold's 6-Month Share Buyback Ratio falls into.


;
;

Magellan Copper and Gold 6-Month Share Buyback Ratio Calculation

Magellan Copper and Gold's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(25.412 - 26.158) / 25.412
=-2.94%

* 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.

Magellan Copper and Gold  (OTCPK:MAGE) 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.

Magellan Copper and Gold 6-Month Share Buyback Ratio Related Terms

Magellan Copper and Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magellan Copper and Gold Corp (OTCPK:MAGE) » Definitions » 6-Month Share Buyback Ratio
Comparable Companies
GLNS RYES PGOL RNGC IMIID STAL RNGG AUST PZG SHSE:601899 NEM TSX:AEM TSX:WPM TSX:ABX MIC:PLZL TSX:FNV JSE:GFI AU TSX:K SHSE:600547
Traded in Other Exchanges
N/A
Address
602 Cedar Street, Suite 205, Wallace, ID, USA, 83873
Website
https://www.magellangoldcorp.com
Magellan Copper and Gold Corp is an exploration stage company, and principal business is the acquisition and exploration of mineral projects focus is on properties in the States of Idaho and California. Key Projects of the Company are the Center Star Mine and the Kris Project.
Executives
Frank Pastornia officer: COO C/O 500 MARQUETTE AVE., STE. 1200, ALBUQUERQUE NM 87102
John D Gibbs 10 percent owner 16 E STREET SOUTHWEST, ARDMORE OK 73402
Power John C /ca/ director, 10 percent owner, officer: President/Secretary
Dennis Bell 10 percent owner 47 LISLE ST., MT. CLAREMONT C3 6010
Michael Paul Martinez officer: CFO/Secretary/Treasurer 13612 EMBUDO CT., NE, ALBUQUERQUE NM 87112
W Pierce Carson officer: President of Gulf & Western In 7239 N EL MIRAGR ROAD, GLENDALE AZ 86307