The Shares outstanding of Australian Vanadium Limited is 4.111B
Shares outstanding are all the shares of a corporation or of a financial asset that have been authorized, issued and purchased by investors and are held by them.
= issued shares - treasury shares
Shares outstanding includes all stock held by investors including both common shares held by the public and restricted shares owned by the company's internal managements. Shares outstanding have rights and represent an ownership in the corporation by the person who holds the shares. They are distinguished from treasury shares, which are shares held by the corporation itself and have no exercisable rights. Shares outstanding plus treasury shares together amount to the number of issued shares.
Shares outstanding can be calculated as either basic or fully diluted. The basic count is the current number of shares. Dividend distributions and voting in the general meeting of shareholders are calculated according to this number. The fully diluted shares outstanding count, on the other hand, includes diluting securities, such as warrants, capital notes or convertibles. If the company has any diluting securities, this indicates the potential future increased number of shares outstanding. A company's market capitalization is calculated by multiplying the price of one of its shares by the total number outstanding shares a company has issued.
Australian Vanadium Limited engages in the mineral exploration activities in Australia. The company operates in two segments, Exploration and Energy Storage. It explores for vanadium/titanium, uranium, and other economic resources. The company's flagship property is the 100% owned Australian Vanadium project comprising 11 tenements covering an area of approximately 260 square kilometers located to the south of Meekatharra within the northern Murchison region of Western Australia. It also manufactures and sells vanadium redox flow battery systems. The company was formerly known as Yellow Rock Resources Limited and changed its name to Australian Vanadium Limited in December 2015. Australian Vanadium Limited was incorporated in 2005 and is based in West Perth, Australia.