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Sky Gold Corp., a junior mineral exploration company, explores for and develops mineral properties in Canada and the United States. The company explores for gold, silver, and base metals. Its properties include the Mustang property that comprises 1,550 hectares, as well as the Virginia property located in Newfoundland, Canada; the Evening Star property that consists of 43 unpatented mineral lode claims covering an area of 660 acres located in Hawthorne, Nevada; and the Imperial property that comprises 228 claims covering an area of approximately 6,575.84 hectares located in Quebec, Canada. The company was formerly known as Sunvest Minerals Corp. and changed its name to Sky Gold Corp. in April 2019. Sky Gold Corp. was incorporated in 2008 and is based in Vancouver, Canada.

Sky Gold Dividend Announcement

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

Sky Gold Dividend History

Sky Gold Dividend Yield

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

Sky Gold Financial Ratios

P/E ratio-3.38
PEG ratio-0.09
P/B ratio2.08
ROE-93.05%
Payout ratio0.00%
Current ratio1.84
Quick ratio1.84
Cash Ratio0.91

Sky Gold Dividend FAQ

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