Alacer Gold Shares float

What is the Shares float of Alacer Gold?

The Shares float of Alacer Gold Corp. is 294.824M 100.00%

What is the definition of Shares float?

Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.

= annual shares outstanding - closely held shares

Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded

The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.

Shares float of companies in the Materials sector on ASX compared to Alacer Gold

What does Alacer Gold do?

Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Çöpler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado. As of September 16, 2020, Alacer Gold Corp. operates as a subsidiary of SSR Mining Inc.

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