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First Energy Metals Limited, a junior resource company, explores and develops mineral properties in Canada. The company explores for silver, gold, cobalt, tungsten, zinc, lithium, and molybdenum deposits. It holds an option agreement to acquire the Falcon Lake lithium property that consists of 48 mining claims covering approximately 960 hectares land located in the Thunder Bay Mining Division, Northwestern Ontario, Canada. The company was formerly known as Agave Silver Corp. and changed its name to First Energy Metals Limited in December 2016. First Energy Metals Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.

First Energy Metals Dividend Announcement

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

First Energy Metals Dividend History

First Energy Metals Dividend Yield

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

First Energy Metals Financial Ratios

P/E ratio-0.67
PEG ratio-0.00
P/B ratio0.37
ROE-50.42%
Payout ratio0.00%
Current ratio3.38
Quick ratio3.38
Cash Ratio2.35

First Energy Metals Dividend FAQ

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