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Nevada Canyon Gold Corp. engages in the mineral exploration activities. The company explores for gold deposits. It holds interests in the Lazy Claims property that consist of three claims covering 60 acres located Mineral County, Nevada; and the Loman property, which includes 27 unpatented mining claims covering an area of approximately 540 acres located in Mineral County, Nevada. The company was formerly known as Tech Foundry Ventures, Inc. and changed its name to Nevada Canyon Gold Corp. in July 2016. Nevada Canyon Gold Corp. was incorporated in 2014 and is based in Reno, Nevada.

Nevada Canyon Gold Dividend Announcement

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

Nevada Canyon Gold Dividend History

Nevada Canyon Gold Dividend Yield

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

Nevada Canyon Gold Financial Ratios

P/E ratio-12.65
PEG ratio0.52
P/B ratio4.19
ROE-32.82%
Payout ratio0.00%
Current ratio7.38
Quick ratio7.38
Cash Ratio6.96

Nevada Canyon Gold Dividend FAQ

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