The Shares float of Silver Bear Resources Plc is 254.977M 37.65%
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.
Silver Bear Resources Plc engages in the acquisition, exploration, evaluation, and development of precious metal properties in Russia. The company explores for gold, silver, copper, lead, and zinc deposits. Its principal asset is the Mangazeisky silver project covering a license area of approximately 570 square kilometers located to the north of Yakutsk in the Republic of Sakha. Silver Bear Resources Plc was incorporated in 2017 and is headquartered in London, the United Kingdom.