Sisecam Resources is a holding company. Through its ownership of a 51% membership interest in its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), Co. operates the trona ore mining and soda ash production business. Ciner Wyoming is a producer of soda ash, serving a global market from Co.'s facility in the Green River Basin of Wyoming. Trona, a soft mineral, is also known as sodium sesquicarbonate and consists primarily of sodium carbonate, or soda ash, sodium bicarbonate and water. Co. processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products. We show 34 historical shares outstanding datapoints in our coverage of CINR's shares outstanding history.
Understanding the changing numbers of CINR shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CINR versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CINR by allowing them to research CINR shares outstanding history
as well as any other stock in our coverage universe. |
Free CINR Email Alerts:
Video: Shares Outstanding Importance
