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Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It principally holds interests in the Green Springs Property that comprises 220 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada; and the Pony Creek Property, which includes 1,032 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada. The company is headquartered in Vancouver, Canada.

Contact Gold Dividend Announcement

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

Contact Gold Dividend History

Contact Gold Dividend Yield

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

Contact Gold Financial Ratios

P/E ratio-6.12
PEG ratio0.04
P/B ratio0.44
ROE-7.30%
Payout ratio0.00%
Current ratio1.40
Quick ratio1.40
Cash Ratio0.88

Contact Gold Dividend FAQ

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