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Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States. It explores for tungsten, molybdenum, copper, uranium, vanadium, gold, and nickel deposits. The company holds 100% interests in the Molyhil tungsten-molybdenum project located in the Northern Territory of Australia; the Pilot Mountain tungsten project situated in Nevada; and the Ragged Range project located in the Pilbara region of Western Australia. It also holds interests in the Kapunda copper mine and the Moonta copper project located in South Australia; and the Uranium and Vanadium project situated in the Colorado and Utah. Thor Mining PLC was incorporated in 2004 and is headquartered in London, the United Kingdom.

Thor Mining Dividend Announcement

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

Thor Mining Dividend History

Thor Mining Dividend Yield

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

Thor Mining Financial Ratios

P/E ratio-0.92
PEG ratio-3.98
P/B ratio0.21
ROE-21.92%
Payout ratio0.00%
Current ratio3.66
Quick ratio3.66
Cash Ratio3.50

Thor Mining Dividend FAQ

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