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Andes Gold Corporation engages in the development and production of gold assets in South America. The company, through its subsidiary, Compania Minera Pl. S.A, holds interest in the Miranda Alto, a gold mining and exploration concession located in the cantons of Zaruma and Portovelo, province of El Oro, southern Ecuador. It also produces silver from the mine. The company was formerly known as Princeton Consulting and Services Corp. and changed its name to Andes Gold Corporation in July 2009. Andes Gold Corporation was incorporated in 2007 and is based in Boca Raton, Florida. As of October 1, 2010, Andes Gold Corporation operates as a subsidiary of New World Gold Corporation.

Andes Gold Dividend Announcement

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

Andes Gold Dividend History

Andes Gold Dividend Yield

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

Andes Gold Financial Ratios

P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE3850.87%
Payout ratio0.00%
Current ratio0.48
Quick ratio0.40
Cash Ratio-0.01

Andes Gold Dividend FAQ

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