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Central Iron Ore (TSXV:CIO) Shares Outstanding (EOP) : 23.67 Mil (As of Dec. 2023)


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What is Central Iron Ore Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Central Iron Ore's shares outstanding for the quarter that ended in Dec. 2023 was 23.67 Mil.

Central Iron Ore's quarterly shares outstanding declined from Sep. 2023 (24.24 Mil) to Dec. 2023 (23.67 Mil). It means Central Iron Ore bought back shares from Sep. 2023 to Dec. 2023 .

Central Iron Ore's annual shares outstanding declined from Jun. 2022 (26.30 Mil) to Jun. 2023 (24.24 Mil). It means Central Iron Ore bought back shares from Jun. 2022 to Jun. 2023 .


Central Iron Ore Shares Outstanding (EOP) Historical Data

The historical data trend for Central Iron Ore's Shares Outstanding (EOP) can be seen below:

* 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.

* Premium members only.

Central Iron Ore Shares Outstanding (EOP) Chart

Central Iron Ore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.24 24.24 24.24 26.30 24.24

Central Iron Ore Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.24 24.24 24.24 24.24 23.67

Competitive Comparison of Central Iron Ore's Shares Outstanding (EOP)

For the Gold subindustry, Central Iron Ore's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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.


Central Iron Ore's Shares Outstanding (EOP) Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Central Iron Ore's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Central Iron Ore's Shares Outstanding (EOP) falls into.



Central Iron Ore Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Central Iron Ore  (TSXV:CIO) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Central Iron Ore Shares Outstanding (EOP) Related Terms

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Central Iron Ore (TSXV:CIO) Business Description

Traded in Other Exchanges
N/A
Address
49-51 York Street, Level 2, Suite 1, Sydney, NSW, AUS, 2000
Central Iron Ore Ltd is a junior mineral exploration and development company. The firm engages in the exploration and development of gold in Australia. It holds interests in Red 5 Joint Venture, British King Gold Mine, Barrick JV Project, and South Darlot Gold Project. The company generates maximum revenue from Australia.