Table of Contents

company-logo

Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. The company primarily explores for gold deposits. As of June 8, 2021, the company had 8 projects comprising approximately 190,000 hectares within the prolific Juruena gold belt. Its principal project is the Cajueiro Project that covers an area of approximately 28,557 hectares located in the Alta Floresta belt. The company was formerly known as Equitas Resources Corp. and changed its name to Altamira Gold Corp. in April 2017. Altamira Gold Corp. was incorporated in 1994 and is headquartered in Vancouver, Canada.

Altamira Gold Dividend Announcement

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

Altamira Gold Dividend History

Altamira Gold Dividend Yield

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

Altamira Gold Financial Ratios

P/E ratio-12.84
PEG ratio-51.14
P/B ratio1.23
ROE-8.87%
Payout ratio0.00%
Current ratio9.94
Quick ratio9.94
Cash Ratio9.42

Altamira Gold Dividend FAQ

Does Altamira Gold stock pay dividends?
Altamira Gold does not currently pay dividends to its shareholders.
Has Altamira Gold ever paid a dividend?
No, Altamira Gold has no a history of paying dividends to its shareholders. Altamira Gold is not known for its dividend payments.
Why doesn't Altamira Gold pay dividends?
There are several potential reasons why Altamira Gold 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 Altamira Gold 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 Altamira Gold 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 Altamira Gold a dividend aristocrat?
Altamira Gold 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 Altamira Gold a dividend king?
Altamira Gold 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 Altamira Gold a dividend stock?
No, Altamira Gold 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 Altamira Gold stocks?
To buy Altamira Gold 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 Altamira Gold 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.