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Ora Gold Limited engages in the mineral exploration activities in Australia. The company primarily explores for copper, gold, and uranium; and base metals, such as nickel and graphite. Its flagship project is the Garden Gully property comprising the 2 mining leases, Crown Prince and Lydia mining lease applications, 21 granted prospecting licenses, and 8 exploration licenses covering an area of 309 square kilometers located in Meekatharra, Western Australia. The company was formerly known as Thundelarra Limited and changed its name to Ora Gold Limited in March 2019. Ora Gold Limited was incorporated in 2003 and is based in Nedlands, Australia.

Ora Gold Dividend Announcement

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

Ora Gold Dividend History

Ora Gold Dividend Yield

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

Ora Gold Financial Ratios

P/E ratio-16.38
PEG ratio-0.16
P/B ratio5.09
ROE-40.11%
Payout ratio0.00%
Current ratio4.81
Quick ratio4.81
Cash Ratio4.59

Ora Gold Dividend FAQ

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