Sphinx Resources Shares float
What is the Shares float of Sphinx Resources?
The Shares float of Sphinx Resources Ltd. is 165.985M 99.72%
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 TSXV compared to Sphinx Resources
What does Sphinx Resources do?
Sphinx Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for zinc, copper, nickel, lead, palladium, platinum, gold, and silver deposits. The company holds interests in various properties located in the Pontiac regional county municipality of southwestern Québec; and in southern Abitibi Temiscaming region and southeast of the municipality of Saint-Édouard-de-Fabre. The company was formerly known as Donner Metals Ltd. and changed its name to Sphinx Resources Ltd. in October 2014. Sphinx Resources Ltd. was incorporated in 2005 and is headquartered in Montreal, Canada.
Companies with shares float similar to Sphinx Resources
- Branding China has Shares float of 165.583M 39.12%
- BNK Petroleum has Shares float of 165.713M 71.14%
- Shriram Transport Finance has Shares float of 165.738M 65.49%
- Petratherm has Shares float of 165.927M 83.41%
- Hornby PLC has Shares float of 165.945M 97.70%
- Fiji Kava has Shares float of 165.960M 88.69%
- Sphinx Resources has Shares float of 165.985M 99.72%
- Shenglong Splendecor International has Shares float of 165.990M 33.20%
- Hornby PLC has Shares float of 165.993M 99.44%
- Motorola Solutions has Shares float of 166.206M 101.64%
- Motorola Solutions has Shares float of 166.206M 98.41%
- Property Connect has Shares float of 166.226M 24.24%
- Mineworx Technologies has Shares float of 166.227M 48.50%