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Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in the Abitibi region of Ontario. The company's properties include the Mirado project that comprises 12 patented claims covering an area of 176.6 hectares located in the town of Kirkland Lake in north-eastern Ontario; the McGarry project comprising 46 patented mining claims and 5 mining licenses covering an area of approximately 681.4 hectares situated in Virginiatown, Ontario; and the Knight project consisting of 37 mining claims and 14 mining leases situated in the Shining Tree District of Ontario. It also holds a 100% interest in the GSL Zinc project covering an area of 60,000 hectares located in Northwest Alberta. The company was incorporated in 2011 and is headquartered in Toronto, Canada.

Orefinders Resources Dividend Announcement

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

Orefinders Resources Dividend History

Orefinders Resources Dividend Yield

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

Orefinders Resources Financial Ratios

P/E ratio3.85
PEG ratio-0.11
P/B ratio1.05
ROE40.02%
Payout ratio0.00%
Current ratio5.38
Quick ratio5.38
Cash Ratio0.34

Orefinders Resources Dividend FAQ

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