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KeyStar (KeyStar) Shares Outstanding (Basic Average) : 68.15 Mil (As of Mar. 2024)


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What is KeyStar Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. KeyStar's average basic shares outstanding for the quarter that ended in Mar. 2024 was 68.15 Mil.


KeyStar Shares Outstanding (Basic Average) Historical Data

The historical data trend for KeyStar's Shares Outstanding (Basic Average) 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.

KeyStar Shares Outstanding (Basic Average) Chart

KeyStar Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Shares Outstanding (Basic Average)
- 29.80 29.80 38.33

KeyStar Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (Basic Average) 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 39.43 41.79 41.91 42.75 68.15

KeyStar Shares Outstanding (Basic Average) 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 exact time point. 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.


KeyStar  (OTCPK:KEYR) Shares Outstanding (Basic Average) 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.


Be Aware

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.


KeyStar Shares Outstanding (Basic Average) Related Terms

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KeyStar (KeyStar) Business Description

Industry
Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 800, Miami, FL, USA, 33130
KeyStar Corp owns and operates ZenSports, a mobile gaming platform for consumers that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies.
Executives
Zensports, Inc. 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Mark Anthony Thomas 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Zixiao Chen director, 10 percent owner, officer: CFO and Treasurer 4616 W. SAHARA AVE., SUITE 256, LAS VEGAS NV 89103
Steven J Lane director, 10 percent owner, officer: President and CEO 9620 LAS VEGAS BLVD. S, STE E4-98, LAS VEGAS NV 89123

KeyStar (KeyStar) Headlines

From GuruFocus

KeyStar Corp. Receives Tennessee Sports Betting License

By ACCESSWIRE ACCESSWIRE 05-25-2023

KeyStar Corp. Closes $2.9M+ Round of Funding

By ACCESSWIRE ACCESSWIRE 05-11-2023

ZenSports Launches Sports Betting App in Tennessee

By ACCESSWIRE ACCESSWIRE 06-08-2023

KeyStar Corp. Opens New Round of Funding

By ACCESSWIRE 07-24-2023