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Silver X Mining Corp. engages in the exploration, acquisition, and development of mineral properties in the Americas. Its flagship property is the Nueva Recuperada project, a silver, lead, and zinc project covering an area of 20,472 hectares located in Huancavelica, Peru. It also holds interest in the Coriorcco gold project that covers an area of 2,000 hectares located in the Ayacucho region of central Peru. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. Silver X Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.

Silver X Mining Dividend Announcement

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

Silver X Mining Dividend History

Silver X Mining Dividend Yield

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

Silver X Mining Financial Ratios

P/E ratio-2.90
PEG ratio-0.08
P/B ratio1.46
ROE-47.16%
Payout ratio0.00%
Current ratio0.48
Quick ratio0.45
Cash Ratio0.06

Silver X Mining Dividend FAQ

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