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Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. It holds 100% interest in the Enchi gold project covering 216 square kilometers located in southwest Ghana, as well as holds seven prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Newcore Gold Dividend Announcement

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

Newcore Gold Dividend History

Newcore Gold Dividend Yield

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

Newcore Gold Financial Ratios

P/E ratio-34.87
PEG ratio0.56
P/B ratio1.33
ROE-4.01%
Payout ratio0.00%
Current ratio24.45
Quick ratio24.45
Cash Ratio22.42

Newcore Gold Dividend FAQ

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