Cygnus Gold Shares float
What is the Shares float of Cygnus Gold?
The Shares float of Cygnus Gold Limited is 73.068M 62.77%
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 Cygnus Gold
What does Cygnus Gold do?
Cygnus Gold Limited engages in the discovery and exploration of gold and base metals deposits in the Southwest Yilgarn of Western Australia. It also explores for lead, zinc, copper, and nickel deposits. The company's flagship project is the Stanley project covering an area of approximately 160 square kilometers located approximately 60km northeast of the Wheatbelt town of Katanning, Western Australia. It also holds interests in projects located in the northeast of Perth; east-northeast of Merredin; and Central Yilgarn of Western Australia. The company was formerly known as Craton Gold Pty Ltd and changed its name to Cygnus Gold Limited in November 2016. Cygnus Gold Limited was incorporated in 2015 and is headquartered in West Perth, Australia.
Companies with shares float similar to Cygnus Gold
- Chatham Rock Phosphate has Shares float of 72.902M 85.44%
- Crown Mining has Shares float of 72.903M 78.79%
- Seabridge Gold has Shares float of 72.909M 93.18%
- Hang Chi has Shares float of 72.912M 18.23%
- Mitsui & Co has Shares float of 73.023M 94.13%
- Renewi plc has Shares float of 73.035M 91.04%
- Cygnus Gold has Shares float of 73.068M 62.77%
- Minerva Intelligence has Shares float of 73.136M 95.22%
- Mota-Engil SGPS SA has Shares float of 73.172M 24.34%
- Close Brothers Plc has Shares float of 73.208M 97.32%
- Atlas has Shares float of 73.211M
- Atlas has Shares float of 73.211M
- Atlas has Shares float of 73.211M