company-logo

Big Ridge Gold Corp. owns and operates gold exploration projects in Canada. The company's principal project is the Hope Brook Gold project that includes 1,056 mineral claims totaling 26,400 hectares located in Newfoundland. It also holds 100% interests in the Oxford Gold project that includes 17 contiguous mineral claims and three mineral exploration licenses, which cover approximately 35,992 hectares located in Manitoba; and the Destiny Gold project that comprises 127 mineral claims totaling 5,013 hectares located in Quebec. In addition, the company owns 100% interests in the Beardmore-Geraldton gold belt that includes 15 mineral leases totaling 409 hectares in Ontario. The company was formerly known as Alto Ventures Ltd. and changed its name to Big Ridge Gold Corp. in September 2020. Big Ridge Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada.

Big Ridge Gold Dividend Announcement

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

Big Ridge Gold Dividend History

Big Ridge Gold Dividend Yield

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

Big Ridge Gold Financial Ratios

P/E ratio-3.99
PEG ratio-0.03
P/B ratio2.69
ROE-64.65%
Payout ratio0.00%
Current ratio4.15
Quick ratio4.15
Cash Ratio4.01

Big Ridge Gold Dividend FAQ

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