company-logo

Puranium Energy Ltd. operates as a uranium exploration company in Canada, Australia, and the Philippines. The company has 85% interests in the seven exclusive prospecting licenses covering an area of 93,514 hectares located in Namibia, Africa. It holds a 100% interest in the Cobalt Mountain property covering an area of approximately 4,921 hectares located in the Omineca mining division of Northwest British Columbia; and has an option to purchase a 100% interest in Haines Property comprising 35 minerals claims located in Ontario, Canada. The company was formerly known as Monterey Minerals Inc. and changed its name to Puranium Energy Ltd. in March 2022. Puranium Energy Ltd. is headquartered in Vancouver, Canada.

Puranium Energy Dividend Announcement

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

Puranium Energy Dividend History

Puranium Energy Dividend Yield

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

Puranium Energy Financial Ratios

P/E ratio-1.08
PEG ratio0.04
P/B ratio6.16
ROE914.74%
Payout ratio0.00%
Current ratio1.99
Quick ratio1.99
Cash Ratio1.88

Puranium Energy Dividend FAQ

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