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Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, nickel, copper, vanadium, molybdenum, silver, and zinc deposits The company operates 100% owned gold projects in the Kalgoorlie and Coolgardie regions. The company also holds 100% interest in the Nimbus silver-zinc project; and the Boorara gold project located in the east of Kalgoorlie, as well as has joint venture at the Richmond vanadium project located in Queensland. In addition, it holds a 50% interest in the Penny's Find gold project; and 100% interest in the Cannon, Glandore, and Cowarna gold projects. The company was formerly known as Intermin Resources Limited and changed its name to Horizon Minerals Limited in July 2019. Horizon Minerals Limited was incorporated in 1974 and is based in Nedlands, Australia.

Horizon Minerals Dividend Announcement

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

Horizon Minerals Dividend History

Horizon Minerals Dividend Yield

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

Horizon Minerals Financial Ratios

P/E ratio-8.58
PEG ratio-0.01
P/B ratio0.64
ROE-8.32%
Payout ratio0.00%
Current ratio0.46
Quick ratio0.46
Cash Ratio0.40

Horizon Minerals Dividend FAQ

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