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TomaGold Corporation, together with its subsidiaries, engages in the acquisition, assessment, exploration, and development of gold mineral properties in Canada. The company holds interests in the Monster Lake East property, which contains 105 mining titles covering an area of 5,867 hectares; Hazeur property that consists of 61 mineral claims covering an area of 2,863 hectares; Obalski property that comprises 22 claims and 1 mining concession covering an area of 328 hectares; Hazeur 2 property, which includes 6 claims and 1 mining concession covering an area of 112.45 hectares; Monster Lake West property that comprises 21 claims and 1 mining concession covering an area of 1,172 hectares; and Lac Doda property that consists of 80 claims covering an area of 4,477 hectares in Quebec. It also holds a 24.5% interest in the Baird property that consists of 2 claims and 1 mining concession covering an area of 90 hectares located near the Red Lake mining camp in Ontario. The company was formerly known as Carbon2Green Corporation and changed its name to TomaGold Corporation in January 2012. TomaGold Corporation is based in Montreal, Canada.

TomaGold Dividend Announcement

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

TomaGold Dividend History

TomaGold Dividend Yield

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

TomaGold Financial Ratios

P/E ratio-0.76
PEG ratio0.01
P/B ratio-2.44
ROE463.33%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.00

TomaGold Dividend FAQ

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