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Ballymore Resources Limited operates as an exploration and development company. It explores for gold, copper, silver, lead, zinc, and other metals. It holds 100% interests in the Dittmer project that consists of two mining leases and three granted exploration permits covering an area of approximately 488 square kilometers located in central Queensland; the Ruddygore project, which covers an area of 558 square kilometers located adjacent to the regional center of Chillagoe in north Queensland; and the Mount Molloy project covering an area of approximately 78 square kilometers located in Hodgkinson province of north Queensland and is located south of the town of Mount Molloy. It holds 100% interest in the Ravenswood project that comprises five exploration permits covering an area of 309 square kilometers located to the south and east of the regional centre of Charters Towers in north Queensland. Ballymore Resources Limited was incorporated in 2019 and is headquartered in Brisbane, Australia.

Ballymore Resources Dividend Announcement

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

Ballymore Resources Dividend History

Ballymore Resources Dividend Yield

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

Ballymore Resources Financial Ratios

P/E ratio-15.36
PEG ratio2.77
P/B ratio1.94
ROE-12.35%
Payout ratio0.00%
Current ratio10.62
Quick ratio10.62
Cash Ratio10.24

Ballymore Resources Dividend FAQ

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