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Turaco Gold Limited engages in the acquisition, exploration, and development of gold deposits in Cote d'Ivoire. It holds interest in the Eburnea gold project that covers two granted permits covering 690 square kilometers in central Côte d'Ivoire; and the Tongon north project that consists of four granted exploration permits and one exploration permit application covering an area of 1,540 square kilometers located in the Senoufo greenstone belt in northern Côte d'Ivoire. The company also holds interest in the Boundiali gold project that consist of a granted exploration permit covering an area of 223 square kilometers; and the Ferke gold project that comprises an exploration permit covering an area of 300 square kilometers located in northern Côte d'Ivoire. In addition, it holds interest in the Odienne project, Oume gold project, and Molonou gold project. The company was formerly known as Manas Resources Limited and changed its name to Turaco Gold Limited in July 2021. Turaco Gold Limited was incorporated in 2007 and is based in West Perth, Australia.

Turaco Gold Dividend Announcement

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

Turaco Gold Dividend History

Turaco Gold Dividend Yield

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

Turaco Gold Financial Ratios

P/E ratio-16818.44
PEG ratio168.18
P/B ratio5.42
ROE-0.05%
Payout ratio0.00%
Current ratio5.75
Quick ratio5.75
Cash Ratio5.65

Turaco Gold Dividend FAQ

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