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Auric Mining Limited engages in the exploration and development of gold projects. It holds 100% interests in the Munda gold project, Spargoville project, and Jeffreys Find gold project comprising 16 granted tenements, including 6 mining leases and 9 applications that covers an area of 91 kilometers located in the Widgiemooltha area of Western Australia. The company was incorporated in 2019 and is headquartered in East Perth, Australia.

Auric Mining Dividend Announcement

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

Auric Mining Dividend History

Auric Mining Dividend Yield

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

Auric Mining Financial Ratios

P/E ratio22.94
PEG ratio7.61
P/B ratio3.37
ROE16.77%
Payout ratio0.00%
Current ratio18.63
Quick ratio18.63
Cash Ratio0.52

Auric Mining Dividend FAQ

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