Nimy Resources Ltd Shares float
What is the Shares float of Nimy Resources Ltd?
The Shares float of Nimy Resources Ltd is 32.942M 28.83%
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 Nimy Resources Ltd
What does Nimy Resources Ltd do?
Nimy Resources Limited, an exploration company, engages in discovering and developing an economic nickel-sulfide project in Australia. It holds a 100% interest in the MONS nickel project comprising 12 tenements that covers an area of approximately 1,761 square kilometers located within the Archean Murchison Domain of the Youanmi Terrane of the Yilgarn Craton. The company was incorporated in 2012 and is based in Perth, Australia.
Companies with shares float similar to Nimy Resources Ltd
- Lassila & Tikanoja Oyj has Shares float of 32.880M 85.61%
- Rogue Resources has Shares float of 32.882M 93.55%
- LSC Communications has Shares float of 32.899M 97.95%
- Duni AB (publ) has Shares float of 32.904M 70.01%
- iEnergizer has Shares float of 32.934M 17.32%
- Urbanimmersive has Shares float of 32.939M 99.26%
- Nimy Resources Ltd has Shares float of 32.942M 28.83%
- Fuller, Smith & Turner P.L.C has Shares float of 32.954M 82.76%
- Bénéteau SA has Shares float of 32.961M 40.42%
- Whitehorse Gold has Shares float of 32.970M 61.34%
- Navin Fluorine International has Shares float of 32.972M 66.62%
- International Zeolite has Shares float of 32.977M 79.89%
- Gambier Gold has Shares float of 32.983M 74.91%