Caeneus Minerals Ltd Shares float
What is the Shares float of Caeneus Minerals Ltd?
The Shares float of Caeneus Minerals Ltd is 3.112B 71.04%
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 Caeneus Minerals Ltd
What does Caeneus Minerals Ltd do?
Caeneus Minerals Ltd operates as a mineral exploration and development company in Australia and the United States. It explores for lithium, gold, platinum group metals, copper, and nickel deposits. The company holds interests in the Columbus Marsh project, the New King Lithium project, and the Rhodes Marsh project located in Nevada. It also holds interests in the Pardoo project, the Roberts Hill project, the Mt Berghaus project, and the Yule River project located in Western Australia. The company was formerly known as Matrix Metals Limited. Caeneus Minerals Ltd was incorporated in 1998 and is headquartered in Nedlands, Australia.
Companies with shares float similar to Caeneus Minerals Ltd
- Grupo México S.A.B. de C.V has Shares float of 3.081B 39.57%
- Burwill has Shares float of 3.081B 60.27%
- CIMC-TianDa has Shares float of 3.081B 18.52%
- BP p.l.c has Shares float of 3.085B 15.42%
- AstraZeneca PLC has Shares float of 3.088B 99.64%
- IDFC First Bank has Shares float of 3.089B 49.69%
- Caeneus Minerals Ltd has Shares float of 3.112B 71.04%
- Central China Securities Co has Shares float of 3.113B 260.43%
- Manalto has Shares float of 3.114B 85.49%
- Seeing Machines has Shares float of 3.118B 75.09%
- EVE Investments has Shares float of 3.119B 81.15%
- China Modern Dairy has Shares float of 3.126B 39.49%
- Dingyi Investment has Shares float of 3.140B 42.67%