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Advance Metals Limited operates as a mineral exploration company in Canada and Australia. The company holds a 100% interest in the Elko coking coal project comprising 3 exploration licenses covering an area of approximately 8,824 acres located in Kootenay region in British Columbia, Canada; and the Anderson Creek gold project covering an area of 2,340 acres, as well as the Garnet Creek copper project that consists of 1,150 hectares located in Idaho. It also has exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma; and focuses on the development of renewable hydro projects within Australia and the South Pacific Region. The company was formerly known as Pacific American Holdings Limited and changed its name to Advance Metals Limited in June 2022. Advance Metals Limited is based in Sydney, Australia.

Advance Metals Dividend Announcement

• Advance Metals does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Advance Metals dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Advance Metals Dividend History

Advance Metals Dividend Yield

Advance Metals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Advance Metals stock? Use our calculator to estimate your expected dividend yield:

Advance Metals Financial Ratios

P/E ratio-2.39
PEG ratio-0.07
P/B ratio0.19
ROE-9.30%
Payout ratio0.00%
Current ratio9.25
Quick ratio9.25
Cash Ratio9.03

Advance Metals Dividend FAQ

Does Advance Metals stock pay dividends?
Advance Metals does not currently pay dividends to its shareholders.
Has Advance Metals ever paid a dividend?
No, Advance Metals has no a history of paying dividends to its shareholders. Advance Metals is not known for its dividend payments.
Why doesn't Advance Metals pay dividends?
There are several potential reasons why Advance Metals would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Advance Metals ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Advance Metals has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Advance Metals a dividend aristocrat?
Advance Metals is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Advance Metals a dividend king?
Advance Metals is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Advance Metals a dividend stock?
No, Advance Metals is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Advance Metals stocks?
To buy Advance Metals you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Advance Metals stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.