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Canasil Resources Inc. engages in the exploration and development of mineral properties. The company explores for silver, gold, copper, zinc, and lead deposits. It holds 100% interests in the Salamandra zinc-silver project, the La Esperanza silver-gold-zinc-lead project, the Carina silver project, the Colibri silver-zinc-lead-copper project, the Vizcaino silver-gold project, and the Nora silver-gold-copper project located in Durango and Zacatecas States, Mexico. The company also has 100% interests in the Brenda gold-copper property, the Vega gold-copper property, the Granite gold property, and the LIL silver property situated in British Columbia, Canada. Canasil Resources Inc. was incorporated in 1984 and is headquartered in Vancouver, Canada.

Canasil Resources Dividend Announcement

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

Canasil Resources Dividend History

Canasil Resources Dividend Yield

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

Canasil Resources Financial Ratios

P/E ratio-0.00
PEG ratio-0.00
P/B ratio-0.02
ROE-415.61%
Payout ratio0.00%
Current ratio0.36
Quick ratio0.36
Cash Ratio0.19

Canasil Resources Dividend FAQ

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