Superior Resources Shares float
What is the Shares float of Superior Resources?
The Shares float of Superior Resources Limited is 1.123B 71.23%
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 Superior Resources
What does Superior Resources do?
Superior Resources Limited engages in the mineral exploration business in Australia. The company explores for lead, zinc, silver, copper, gold, nickel, cobalt, and uranium deposits. It primarily holds interests in the Mount Isa style project located in northwest Queensland; and the volcanogenic massive sulphide and porphyry style copper-gold deposits situated in northeast Queensland. Superior Resources Limited was incorporated in 2005 and is based in Coorparoo, Australia.
Companies with shares float similar to Superior Resources
- China ITS () Co has Shares float of 1.117B 67.50%
- QUALCOMM has Shares float of 1.119B 99.83%
- Deltic Plc has Shares float of 1.119B 79.61%
- Siemens Gamesa Renewable SA has Shares float of 1.120B 32.93%
- Wesfarmers has Shares float of 1.120B 98.79%
- Vector Resources has Shares float of 1.122B 52.48%
- Superior Resources has Shares float of 1.123B 71.23%
- Starbucks has Shares float of 1.123B 95.75%
- Woodbois has Shares float of 1.124B 60.51%
- China Regenerative Medicine International has Shares float of 1.127B 39.47%
- Tianjin TEDA Biomedical Engineering has Shares float of 1.129B 94.33%
- Sichuan Expressway has Shares float of 1.131B 126.34%
- Huali University has Shares float of 1.132B 94.31%