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CANEX Metals Inc. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds interests in the Gold Range property that consists of 202 lode mining claims and 2 patented claims covering an area of 1,504 hectares located in Mohave County, Arizona; Gibson property covering an area of 887 hectares located in central British Columbia; and the Echo, Fulton, Red, and Beal properties located in British Columbia. The company was formerly known as Northern Abitibi Mining Corp. and changed its name to CANEX Metals Inc. in April 2017. CANEX Metals Inc. is headquartered in Calgary, Canada.

CANEX Metals Dividend Announcement

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

CANEX Metals Dividend History

CANEX Metals Dividend Yield

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

CANEX Metals Financial Ratios

P/E ratio-14.84
PEG ratio0.37
P/B ratio0.93
ROE-6.27%
Payout ratio0.00%
Current ratio43.43
Quick ratio43.43
Cash Ratio34.70

CANEX Metals Dividend FAQ

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