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Sunshine Gold Limited engages in the exploration and development of gold and copper mineral projects in Queensland. The company holds 100% interest in the Triumph gold project covering an area of 138 square kilometers with 2 exploration permits located in the Northern New England Orogen; Hodgkinson gold project consisting of 365 square kilometers with 6 granted EPMs; and the Investigator copper project comprising two granted exploration permits covering an area of 217 square kilometers located in the Mt Isa Inlier; and Ravenswood West project consisting of 8 exploration permits that cover an area of 668 square kilometers. The company was formerly known as Pelican Resources Limited and changed its name to Sunshine Gold Limited in November 2020. Sunshine Gold Limited was incorporated in 1994 and is based in Garbutt, Australia.

Sunshine Gold Dividend Announcement

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

Sunshine Gold Dividend History

Sunshine Gold Dividend Yield

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

Sunshine Gold Financial Ratios

P/E ratio-21.28
PEG ratio-0.21
P/B ratio0.98
ROE-4.22%
Payout ratio0.00%
Current ratio3.48
Quick ratio3.48
Cash Ratio3.32

Sunshine Gold Dividend FAQ

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