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Mandrake Resources Limited engages in the exploration and evaluation of mineral resources. It explores for gold, silver, nickel, and copper deposits. The company's principal property is the Jimperding project consisting of 140 square kilometers exploration license application situated in the north east of Perth, Western Australia. It also owns a 100% interest in the Berinka Pine Creek project covering an area of 289 square kilometers located in the Pine Creek Orogen, Northern Territory. The company was formerly known as Bronson Group Limited and changed its name to Mandrake Resources Limited in August 2019. Mandrake Resources Limited was incorporated in 1986 and is based in West Perth, Australia.

Mandrake Resources Dividend Announcement

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

Mandrake Resources Dividend History

Mandrake Resources Dividend Yield

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

Mandrake Resources Financial Ratios

P/E ratio-64.38
PEG ratio-15.49
P/B ratio0.54
ROE-0.84%
Payout ratio0.00%
Current ratio89.98
Quick ratio90.16
Cash Ratio89.46

Mandrake Resources Dividend FAQ

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