Table of Contents

company-logo

Desert Metals Limited explores for mineral properties in Australia. The company primarily explores for nickel, copper, gold, lead, zinc, chrome, rare earth elements, and platinum group elements. It holds interest in the Narryer project that includes nine granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia; a 100% interest in Innouendy project; Irrida Hill Nickel project; Dingo Pass; Opal Bore Gold project; Hooper project; and Belele project. The company was incorporated in 2017 and is based in Perth, Australia.

Desert Metals Dividend Announcement

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

Desert Metals Dividend History

Desert Metals Dividend Yield

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

Desert Metals Financial Ratios

P/E ratio-0.62
PEG ratio-0.01
P/B ratio0.95
ROE-128.76%
Payout ratio0.00%
Current ratio7.23
Quick ratio7.23
Cash Ratio7.08

Desert Metals Dividend FAQ

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