Mayur Resources Ltd Shares float
What is the Shares float of Mayur Resources Ltd?
The Shares float of Mayur Resources Ltd is 131.066M 55.68%
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 Mayur Resources Ltd
What does Mayur Resources Ltd do?
Mayur Resources Ltd, an investment holding company, engages in the exploration and evaluation of mineral resources. The company operates through Cement and Lime, Iron and Industrial Sands, Coal and Power, and Renewables segments. The Cement and Lime segment includes limestone; and the Central Cement and Lime Project. The Iron and Industrial Sands segment develops Orokolo Bay Iron and Industrial Sands project consisting of construction sands, magnetite sand, and heavy mineral sands located in Papua New Guinea. The Coal and Power segment operates Depot Creek coal resource in the Gulf Project of Papua New Guinea. The Renewables segment invests in forestry carbon credit projects. It also engages in the steel and power generation activities. The company was incorporated in 2011 and is based in Brisbane, Australia.
Companies with shares float similar to Mayur Resources Ltd
- Nila Infrastructures has Shares float of 130.916M 33.24%
- Taste Gourmet has Shares float of 130.922M 33.84%
- Smart-Core has Shares float of 130.951M 26.80%
- Chindata Ltd has Shares float of 131.010M 36.12%
- GTEC has Shares float of 131.030M 65.89%
- Jericho Oil has Shares float of 131.056M 73.38%
- Mayur Resources Ltd has Shares float of 131.066M 55.68%
- Blue Moon Zinc has Shares float of 131.078M 88.52%
- Kaixin Auto has Shares float of 131.113M 66.46%
- TNR Gold has Shares float of 131.194M 68.70%
- OneForce has Shares float of 131.226M 26.04%
- Quantum Numbers has Shares float of 131.246M 118.53%
- Strike Resources has Shares float of 131.247M 48.61%