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Ora Banda Mining Limited engages in the exploration, operation, and development of mineral properties in Australia. The company explores for gold, nickel, copper, lithium, and base metal deposits. It holds 100 % interest in the Davyhurst Gold project comprises 92 tenements covering an area of approximately 1,210 square kilometers located in North-West of Kalgoorlie, Western Australia. Its production deposits also include the Riverina, Sand King, Missouri, Waihi, Callion, Lady Ida, Mulline, and Golden Eagle projects. The company was formerly known as Eastern Goldfields Limited and changed its name to Ora Banda Mining Limited in June 2019. Ora Banda Mining Limited was incorporated in 2002 and is based in West Perth, Australia.

Ora Banda Mining Dividend Announcement

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

Ora Banda Mining Dividend History

Ora Banda Mining Dividend Yield

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

Ora Banda Mining Financial Ratios

P/E ratio60.19
PEG ratio0.60
P/B ratio17.14
ROE38.91%
Payout ratio0.00%
Current ratio0.83
Quick ratio0.47
Cash Ratio0.40

Ora Banda Mining Dividend FAQ

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