Table of Contents

company-logo

QMines Limited engages in the development and exploration of copper and gold projects in Australia. The company's flagship project is the Mount Chalmers copper and gold mine covering an area of approximately 316 square kilometers located to the northeast of Rockhampton. It also holds interest in the Silverwood project, which consists of 78 subblocks covering approximately 234 square kilometers located to south of Warwick in Queensland; the Warroo project comprising 72 sub-blocks, which covers an area of approximately 216 square kilometers located to west of Stanthorpe in Queensland; and the Herries Range project that consists of 110 sub-blocks covering an area of approximately 330 square kilometers located to west of Warwick in south-east Queensland. The company was incorporated in 2020 and is headquartered in Mosman, Australia.

QMines Dividend Announcement

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

QMines Dividend History

QMines Dividend Yield

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

QMines Financial Ratios

P/E ratio-4.14
PEG ratio-0.04
P/B ratio0.77
ROE-18.39%
Payout ratio0.00%
Current ratio0.23
Quick ratio0.24
Cash Ratio0.17

QMines Dividend FAQ

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