Sisecam Resources is a holding company. Through its ownership of a 51% membership interest in its subsidiary, Sisecam Wyoming LLC (Sisecam Wyoming), Co. operates the trona ore mining and soda ash production business. Sisecam 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 4 historical shares outstanding datapoints in our coverage of SIRE's shares outstanding history.
Understanding the changing numbers of SIRE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SIRE 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 SIRE by allowing them to research SIRE shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
