Table of Contents

company-logo

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 717 hectares located in Manhattan, Nevada. It also holds 100% interest in the Manhattan property covering an area of 1,740 hectares located in Nye County, Nevada. The company is based in White Rock, Canada.

Scorpio Gold Dividend Announcement

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

Scorpio Gold Dividend History

Scorpio Gold Dividend Yield

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

Scorpio Gold Financial Ratios

P/E ratio-2.34
PEG ratio-0.03
P/B ratio0.47
ROE-32.18%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.02

Scorpio Gold Dividend FAQ

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