GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Slam Exploration Ltd (TSXV:SXL) » Definitions » 6-Month Share Buyback Ratio

Slam Exploration (TSXV:SXL) 6-Month Share Buyback Ratio : -23.66% (As of Oct. 2024 )


View and export this data going back to 1999. Start your Free Trial

What is Slam Exploration 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. Slam Exploration's current 6-Month Share Buyback Ratio was -23.66%.


Competitive Comparison of Slam Exploration's 6-Month Share Buyback Ratio

For the Gold subindustry, Slam Exploration'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.


Slam Exploration's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Slam Exploration's 6-Month Share Buyback Ratio falls into.


;
;

Slam Exploration 6-Month Share Buyback Ratio Calculation

Slam Exploration's 6-Month Share Buyback Ratio for the quarter that ended in Oct. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Apr. 2024 ) - Shares Outstanding (EOP) (Oct. 2024 )) / Shares Outstanding (EOP) (Apr. 2024 )
=(72.064 - 89.114) / 72.064
=-23.66%

* 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.


Slam Exploration  (TSXV:SXL) 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.


Slam Exploration 6-Month Share Buyback Ratio Related Terms


Slam Exploration Business Description

Traded in Other Exchanges
N/A
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are the Menneval Gold Project, Mt. Victor Property, Mt. Blair Property and others.
Executives
Jimmy Gravel Director
Bruce Macdonald 10% Security Holder
Michael R. Taylor Director, Senior Officer
Eugene Beukman Director, Senior Officer
Edward Montagu Yates Director

Slam Exploration Headlines

No Headlines