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Ronin Resources Ltd engages in the acquisition, development, evaluation, and exploration of mineral properties in Colombia. The company primarily explores for thermal coal, as well as gold and copper deposits. It holds a 100% interest in the Vetas project, which include one mining title and one mining concession application located in the Colombian Department of Norte de Santander; and the Santa Rosa project, including three mining license applications situated in the foothills of the Serranía de San Lucas in the municipality of Santa Rosa Sur, Department of Bolivár in northern Colombia. The company was incorporated in 2018 and is headquartered in Melbourne, Australia.

Ronin Resources Dividend Announcement

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

Ronin Resources Dividend History

Ronin Resources Dividend Yield

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

Ronin Resources Financial Ratios

P/E ratio-4.27
PEG ratio12.17
P/B ratio1.97
ROE-41.84%
Payout ratio0.00%
Current ratio91.29
Quick ratio91.29
Cash Ratio90.33

Ronin Resources Dividend FAQ

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