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Gold79 Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company holds interests in the Tip Top Gold project consisting of 143 claims and covering an area of approximately 1,062 hectares; the Gold Chain project located in Arizona, the United States; and Jefferson Canyon Gold project located in Nevada, the United States. It also holds interests in the Taviche project located in Oaxaca, Mexico; and the Greyhound project located in Nunavut, Canada. The company was formerly known as Aura Resources Inc. and changed its name to Gold79 Mines Ltd. in August 2020. Gold79 Mines Ltd. is based in Manotick, Canada.

Gold79 Mines Dividend Announcement

• Gold79 Mines does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Gold79 Mines dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Gold79 Mines Dividend History

Gold79 Mines Dividend Yield

Gold79 Mines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gold79 Mines stock? Use our calculator to estimate your expected dividend yield:

Gold79 Mines Financial Ratios

P/E ratio-11.00
PEG ratio-0.11
P/B ratio0.88
ROE-8.40%
Payout ratio0.00%
Current ratio1.75
Quick ratio1.75
Cash Ratio1.30

Gold79 Mines Dividend FAQ

Does Gold79 Mines stock pay dividends?
Gold79 Mines does not currently pay dividends to its shareholders.
Has Gold79 Mines ever paid a dividend?
No, Gold79 Mines has no a history of paying dividends to its shareholders. Gold79 Mines is not known for its dividend payments.
Why doesn't Gold79 Mines pay dividends?
There are several potential reasons why Gold79 Mines 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 Gold79 Mines 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 Gold79 Mines 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 Gold79 Mines a dividend aristocrat?
Gold79 Mines 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 Gold79 Mines a dividend king?
Gold79 Mines 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 Gold79 Mines a dividend stock?
No, Gold79 Mines 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 Gold79 Mines stocks?
To buy Gold79 Mines 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 Gold79 Mines 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.