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Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. It explores for gold, silver, copper, and other base metals. The company holds a 100% interest in the Rebeico Gold-Copper project that consists of 16 concessions covering an area of approximately 3,459 hectares located in Sonora, Mexico. It also has an option to acquire a 100% interest in the Guadalupe y Calvo project located in Chihuahua State, Mexico. The company was incorporated in 2017 and is based in North Vancouver, Canada.

Ridgestone Mining Dividend Announcement

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

Ridgestone Mining Dividend History

Ridgestone Mining Dividend Yield

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

Ridgestone Mining Financial Ratios

P/E ratio-1.19
PEG ratio0.02
P/B ratio1.24
ROE-94.52%
Payout ratio0.00%
Current ratio0.45
Quick ratio0.45
Cash Ratio0.39

Ridgestone Mining Dividend FAQ

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