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ANAX Metals Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for gold, silver, copper, zinc, lead, nickel, cobalt, platinum, and base metal deposits. It holds interest in the Whim Creek project located in the Central Pilbara region of Western Australia; the Mount Short project located in the southern region of Western Australia; and the Loudens Patch project in the Pilbara. The company was formerly known as Aurora Minerals Limited and changed its name to ANAX Metals Limited in September 2020. ANAX Metals Limited was incorporated in 2003 and is based in West Perth, Australia.

Anax Metals Dividend Announcement

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

Anax Metals Dividend History

Anax Metals Dividend Yield

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

Anax Metals Financial Ratios

P/E ratio-1968.15
PEG ratio49.67
P/B ratio0.25
ROE-0.01%
Payout ratio0.00%
Current ratio0.55
Quick ratio0.55
Cash Ratio0.50

Anax Metals Dividend FAQ

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