Thungela Resources Limited Stock Shares Outstanding

TGA Stock   561.00  9.50  1.72%   
Thungela Resources Limited fundamentals help investors to digest information that contributes to Thungela Resources' financial success or failures. It also enables traders to predict the movement of Thungela Stock. The fundamental analysis module provides a way to measure Thungela 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 Thungela Resources stock.
As of November 30, 2024, Common Stock Shares Outstanding is expected to decline to about 105.9 M.
  
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Thungela Resources Limited Company Shares Outstanding Analysis

Thungela 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

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Thungela Resources Shares Outstanding

    
  133.02 M  
Most of Thungela 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, Thungela Resources Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Thungela Common Stock Shares Outstanding

Common Stock Shares Outstanding

105.91 Million

At present, Thungela Resources' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Thungela Resources Limited has 133.02 M of shares currently outstending. This is 92.67% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The shares outstanding for all United Kingdom stocks is 76.74% higher than that of the company.

Thungela Shares Outstanding Peer Comparison

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

Thungela Fundamentals

About Thungela Resources Fundamental Analysis

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

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Other Information on Investing in Thungela Stock

Thungela Resources financial ratios help investors to determine whether Thungela Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thungela with respect to the benefits of owning Thungela Resources security.