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Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,045 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. in March 2017. Torq Resources Inc. is headquartered in Vancouver, Canada.

Torq Resources Dividend Announcement

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

Torq Resources Dividend History

Torq Resources Dividend Yield

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

Torq Resources Financial Ratios

P/E ratio-0.55
PEG ratio0.00
P/B ratio-12.53
ROE-1087.33%
Payout ratio0.00%
Current ratio0.22
Quick ratio0.22
Cash Ratio0.03

Torq Resources Dividend FAQ

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