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Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and owns 100% interest in the mineral rights to approximately 200,000 acres of State of Alaska mining claims located north and northwest of the Tetlin Lease. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,640 acres. Contango Ore, Inc. was founded in 2009 and is based in Houston, Texas.

Contango Ore Dividend Announcement

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

Contango Ore Dividend History

Contango Ore Dividend Yield

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

Contango Ore Financial Ratios

P/E ratio-1.84
PEG ratio-0.12
P/B ratio-13.73
ROE315.94%
Payout ratio0.00%
Current ratio0.47
Quick ratio0.47
Cash Ratio0.45

Contango Ore Dividend FAQ

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