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Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for PGE, nickel, copper, and gold projects. The company holds interests in the Warrior project that covers an area of approximately 648 square kilometers; and a 100% interest in the Combatant project situated within the Narryer Terrain geological province, Western Australia. It also has an option to acquire 100% interest in the Commando Gold project located in Kalgoorlie, Western Australia. The company was formerly known as Burrabulla Corporation Limited and changed its name to Pursuit Minerals Limited in August 2017. Pursuit Minerals Limited is based in West Leederville, Australia.

Pursuit Minerals Dividend Announcement

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

Pursuit Minerals Dividend History

Pursuit Minerals Dividend Yield

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

Pursuit Minerals Financial Ratios

P/E ratio-3140.57
PEG ratio-31.41
P/B ratio0.13
ROE-0.00%
Payout ratio0.00%
Current ratio5.62
Quick ratio5.62
Cash Ratio4.91

Pursuit Minerals Dividend FAQ

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