Codrus Minerals (ASX:CDR) Shares Outstanding (Diluted Average) : 76.04 Mil (As of Dec. 2023)

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What is Codrus Minerals Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Codrus Minerals's average diluted shares outstanding for the quarter that ended in Dec. 2023 was 76.04 Mil.

Codrus Minerals Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Codrus Minerals's Shares Outstanding (Diluted 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.

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Codrus Minerals Shares Outstanding (Diluted Average) Chart

Codrus Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Shares Outstanding (Diluted Average)

2.77

75.00

75.25

Codrus Minerals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Shares Outstanding (Diluted Average)	Get a 7-Day Free Trial			75.00	75.00	74.91	75.59	76.04

Codrus Minerals Shares Outstanding (Diluted 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.

Codrus Minerals (ASX:CDR) Shares Outstanding (Diluted 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.

Codrus Minerals Shares Outstanding (Diluted Average) Related Terms

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Codrus Minerals (ASX:CDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Codrus Minerals Ltd (ASX:CDR) » Definitions » Shares Outstanding (Diluted Average)

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Altona Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.codrusminerals.com.au

Codrus Minerals Ltd is an Australia-based gold exploration company. It has an interest in Silver Swan South, Red Gate, and Middle Creek Projects in Western Australia. It also has interests in the Bull Run project located in baker county, United States.