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Torque Metals Limited operates as a gold exploration company in Australia. Its flagship project is the 100% owned Paris Gold project comprising 9 mining leases and 2 prospecting leases covering an area of approximately 68 square kilometers located in Western Australia. The company was incorporated in 2017 and is based in Subiaco, Australia.

Torque Metals Dividend Announcement

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

Torque Metals Dividend History

Torque Metals Dividend Yield

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

Torque Metals Financial Ratios

P/E ratio-1.70
PEG ratio-0.02
P/B ratio0.40
ROE-27.60%
Payout ratio0.00%
Current ratio0.87
Quick ratio0.87
Cash Ratio0.85

Torque Metals Dividend FAQ

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