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Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. The company owns a 100% interest in the Borden Lake property that covers an area of 1,598-hectares located in Chapleau, Ontario. It has an option to acquire 100% interest in the Ashuanipi property consisting of 1,564 Claims in 10 claim blocks covering an area of approximately 391 square kilometers located in Labrador, Quebec; the Kingsway property consisting of 264 claims in 3 licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in 5 licenses covering 249 square kilometers. The company was formerly known as Nikos Explorations Ltd. and changed its name to Labrador Gold Corp. in December 2017. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada.

Labrador Gold Dividend Announcement

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

Labrador Gold Dividend History

Labrador Gold Dividend Yield

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

Labrador Gold Financial Ratios

P/E ratio-26.06
PEG ratio0.12
P/B ratio0.28
ROE-1.07%
Payout ratio0.00%
Current ratio60.39
Quick ratio60.39
Cash Ratio58.95

Labrador Gold Dividend FAQ

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