Outback Goldfields Corp Stock Shares Outstanding

OZ Stock   0.33  0.05  17.86%   
Outback Goldfields Corp fundamentals help investors to digest information that contributes to Outback Goldfields' financial success or failures. It also enables traders to predict the movement of Outback Stock. The fundamental analysis module provides a way to measure Outback Goldfields' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Outback Goldfields stock.
Common Stock Shares Outstanding is likely to drop to about 35.3 M in 2024.
  
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Outback Goldfields Corp Company Shares Outstanding Analysis

Outback Goldfields' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Outback Goldfields Shares Outstanding

    
  40.18 M  
Most of Outback Goldfields' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Outback Goldfields Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Outback Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Outback Goldfields is extremely important. It helps to project a fair market value of Outback Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Outback Goldfields' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Outback Goldfields' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Outback Goldfields' interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Outback Common Stock Shares Outstanding

Common Stock Shares Outstanding

35.34 Million

At this time, Outback Goldfields' Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Outback Goldfields Corp has 40.18 M of shares currently outstending. This is 93.46% lower than that of the Metals & Mining sector and 88.84% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 92.97% higher than that of the company.

Outback Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Outback Goldfields' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Outback Goldfields could also be used in its relative valuation, which is a method of valuing Outback Goldfields by comparing valuation metrics of similar companies.
Outback Goldfields is currently under evaluation in shares outstanding category among its peers.

Outback Fundamentals

About Outback Goldfields Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Outback Goldfields Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Outback Goldfields using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Outback Goldfields Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Outback Stock Analysis

When running Outback Goldfields' price analysis, check to measure Outback Goldfields' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.