Cannon Resources (ASX:CNR) Buyback Yield % : -22.30 (As of Jun. 08, 2024)

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What is Cannon Resources Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Cannon Resources's current buyback yield was -22.30%.

Cannon Resources Buyback Yield % Historical Data

The historical data trend for Cannon Resources's Buyback Yield % 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.

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Cannon Resources Buyback Yield % Chart

Cannon Resources Annual Data

Trend

Jun22

Buyback Yield %

-32.82

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Buyback Yield %	-50.57	-0.11

Competitive Comparison of Cannon Resources's Buyback Yield %

For the Other Industrial Metals & Mining subindustry, Cannon Resources's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Cannon Resources's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cannon Resources's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Cannon Resources's Buyback Yield % falls into.

Cannon Resources Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Cannon Resources's Buyback Yield for the fiscal year that ended in Jun. 2022 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-0.602	+	10.14)	/	29.057556
	=	-32.82%

Cannon Resources's annualized Buyback Yield for the quarter that ended in Dec. 2021 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.602	+	10.124)	*	2	/	37.659342
	=	-50.57%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2021) data.

Cannon Resources Buyback Yield % Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.