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Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company primarily explores for gold and silver deposits. It primarily holds a 100% interest in the Los Reyes project that consists of 37 contiguous concessions covering an area of 6,273 hectares located in Sinaloa, Mexico. The company was formerly known as ePower Metals Inc. and changed its name to Prime Mining Corp. in August 2019. Prime Mining Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada.

Prime Mining Dividend Announcement

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

Prime Mining Dividend History

Prime Mining Dividend Yield

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

Prime Mining Financial Ratios

P/E ratio-6.13
PEG ratio0.04
P/B ratio4.66
ROE-72.68%
Payout ratio0.00%
Current ratio19.90
Quick ratio19.90
Cash Ratio19.69

Prime Mining Dividend FAQ

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