Riverside Resources Stock Shares Outstanding

RRI Stock  CAD 0.14  0.00  0.00%   
Riverside Resources fundamentals help investors to digest information that contributes to Riverside Resources' financial success or failures. It also enables traders to predict the movement of Riverside Stock. The fundamental analysis module provides a way to measure Riverside Resources' 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 Riverside Resources stock.
Common Stock Shares Outstanding is likely to drop to about 44.8 M in 2024.
  
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Riverside Resources Company Shares Outstanding Analysis

Riverside Resources' 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

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Riverside Resources Shares Outstanding

    
  74.78 M  
Most of Riverside Resources' 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, Riverside Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Riverside Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Riverside Resources is extremely important. It helps to project a fair market value of Riverside Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Riverside Resources' 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 Riverside Resources' 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 Riverside Resources' 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

Riverside Common Stock Shares Outstanding

Common Stock Shares Outstanding

44.79 Million

At this time, Riverside Resources' Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Riverside Resources has 74.78 M of shares currently outstending. This is 87.83% lower than that of the Metals & Mining sector and 93.73% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 86.92% higher than that of the company.

Riverside Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Riverside Resources' 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 Riverside Resources could also be used in its relative valuation, which is a method of valuing Riverside Resources by comparing valuation metrics of similar companies.
Riverside Resources is currently under evaluation in shares outstanding category among its peers.

Riverside Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Riverside Resources from analyzing Riverside Resources' financial statements. These drivers represent accounts that assess Riverside Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Riverside Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap8.7M17.3M9.2M8.8M10.1M13.7M
Enterprise Value5.3M12.7M3.2M1.9M2.2M2.1M

Riverside Fundamentals

About Riverside Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Riverside Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Riverside Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Riverside Resources 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 Riverside Stock Analysis

When running Riverside Resources' price analysis, check to measure Riverside Resources' 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 Riverside Resources is operating at the current time. Most of Riverside Resources' value examination focuses on studying past and present price action to predict the probability of Riverside Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riverside Resources' price. Additionally, you may evaluate how the addition of Riverside Resources to your portfolios can decrease your overall portfolio volatility.