RDEMF (Red Eagle Mining) 6-Month Share Buyback Ratio : 0.00% (As of Jun. 2018 )

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What is Red Eagle Mining 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. Red Eagle Mining's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Red Eagle Mining's 6-Month Share Buyback Ratio

For the Gold subindustry, Red Eagle Mining'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.

Red Eagle Mining's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Eagle Mining's 6-Month Share Buyback Ratio falls into.

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Red Eagle Mining 6-Month Share Buyback Ratio Calculation

Red Eagle Mining's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2018 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2017 )	-	Shares Outstanding (EOP) (Jun. 2018 ))	/	Shares Outstanding (EOP) (Dec. 2017 )
	=	(390.920	-	443.418)	/	390.920
	=	-13.43%

* 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.

Red Eagle Mining (OTCPK:RDEMF) 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.

Red Eagle Mining 6-Month Share Buyback Ratio Related Terms

Red Eagle Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Eagle Mining Corp (OTCPK:RDEMF) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 2348, Vancouver, BC, CAN, V6C 2X8

Website

http://www.redeaglemining.com

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.