FenixOro Gold Corp. engages in the evaluation, acquisition, and exploration of natural resource properties in Colombia and Canada. The company also explores for gold, silver, copper, lead, and zinc ores. Its flagship property is the Abriaqui project that comprise three mining claims and an application covering an area of approximately 546.57 hectares located in Antioquia State, Colombia. The company was formerly known as American Battery Metals Corp. and changed its name to FenixOro Gold Corp. in May 2020. FenixOro Gold Corp. was incorporated in 2017 and is based in Toronto, Canada.
FenixOro Gold Dividend Announcement
• FenixOro Gold does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on FenixOro Gold dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
FenixOro Gold Dividend History
FenixOro Gold Dividend Yield
FenixOro Gold current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing FenixOro Gold stock? Use our calculator to estimate your expected dividend yield:
FenixOro Gold Financial Ratios
FenixOro Gold Dividend FAQ
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.
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