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Opawica Explorations Inc., a junior resource company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead property that consists of 19 mineral claims covering an area of 400.76 hectares located in the Joannes Township, Quebec; and the Bazooka property, which comprises 41 mineral claims covering an area of 1320.92 hectares located in the Beauchastel Township, Quebec. It also holds 100% interests in the Richard Copper property that includes 4 mineral claims located to Rouyn Noranda, Quebec, as well as in the Lil d'Espoir Lake property, which comprises 176 mineral claims covering an area of approximately 44 square kilometers; and the Chapel Island property consisting of 173 mineral claims covering an area of approximately 43.25 square kilometers located in the Exploits Subzone of Central Newfoundland and Labrador. In addition, the company holds 70% interests in the Density, Eclipse, and Mass properties that includes 906 mineral claims located in Newfoundland and Labrador. It also holds an option to acquire a 100% interest in Enterprise property, which comprises 308 mineral claims located in the Exploits Subzone of Central Newfoundland and Labrador. Opawica Explorations Inc. was incorporated in 1975 and is based in Vancouver, Canada.

Opawica Explorations Dividend Announcement

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

Opawica Explorations Dividend History

Opawica Explorations Dividend Yield

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

Opawica Explorations Financial Ratios

P/E ratio-1.29
PEG ratio-0.02
P/B ratio0.59
ROE-46.12%
Payout ratio0.00%
Current ratio1.13
Quick ratio1.13
Cash Ratio0.63

Opawica Explorations Dividend FAQ

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