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Durango Resources Inc., an exploration stage company, engages in the acquisition and exploration of precious and base mineral resource properties in Canada. It has a 100% interest in a group of properties totaling approximately 12,240 hectares in size in the Windfall Lake gold camp in the Abitibi region of Québec, Canada. The company was formerly known as Atocha Resources Inc. and changed its name to Durango Resources Inc. in February 2013. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada.

Durango Resources Dividend Announcement

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

Durango Resources Dividend History

Durango Resources Dividend Yield

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

Durango Resources Financial Ratios

P/E ratio-7.79
PEG ratio-0.36
P/B ratio2.45
ROE-27.95%
Payout ratio0.00%
Current ratio0.31
Quick ratio0.35
Cash Ratio0.26

Durango Resources Dividend FAQ

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