Encounter Resources Shares float
What is the Shares float of Encounter Resources?
The Shares float of Encounter Resources Limited is 223.257M 70.47%
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 Encounter Resources
What does Encounter Resources do?
Encounter Resources Limited engages in the exploration and development of mineral deposits in Australia. It explores for zinc, copper, gold, and cobalt deposits. The company holds interests in the Lamil and Yeneena projects located in the Paterson Province, Western Australia. It also holds interests in the Aileron project situated in the West Arunta, Western Australia; and the Elliott copper project located in the Northern Territory. The company was incorporated in 2004 and is based in Subiaco, Australia.
Companies with shares float similar to Encounter Resources
- Yanzhou Coal Mining Co has Shares float of 222.434M 44.95%
- Hindustan Zinc has Shares float of 222.673M 5.27%
- SS&C Technologies has Shares float of 222.798M 92.87%
- Daido has Shares float of 222.999M 7.69%
- Msl Soltns Fpo has Shares float of 223.079M 60.43%
- eSun has Shares float of 223.137M 14.96%
- Encounter Resources has Shares float of 223.257M 70.47%
- Golden Throat has Shares float of 223.291M 30.20%
- Concepta PLC has Shares float of 223.293M 43.12%
- Lockheed Martin has Shares float of 223.303M 78.51%
- Lockheed Martin has Shares float of 223.303M 80.97%
- Small Pharma Inc has Shares float of 223.576M 70.35%
- Viavi Solutions Dl ,001 has Shares float of 223.660M 94.10%