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Torex Gold Resources Inc. is an intermediate gold producing company in Canada, which is engaged in mining, developing and exploring Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.

Torex Gold Resources Dividend Announcement

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

Torex Gold Resources Dividend History

Torex Gold Resources Dividend Yield

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

Torex Gold Resources Financial Ratios

P/E ratio17.33
PEG ratio0.20
P/B ratio1.19
ROE7.04%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.68
Cash Ratio0.34

Torex Gold Resources Dividend FAQ

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