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Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the San Francisco project covering 34,651 hectares located in San Juan Province, Argentina. The company also holds an option to acquire 100% interest in the Miranda project, Argentina project, and Chanape project located in Peru. The company was formerly known as Turmalina Copper Corp. and changed its name to Turmalina Metals Corp. in June 2019. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.

Turmalina Metals Dividend Announcement

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

Turmalina Metals Dividend History

Turmalina Metals Dividend Yield

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

Turmalina Metals Financial Ratios

P/E ratio-0.69
PEG ratio-0.03
P/B ratio1.89
ROE-218.64%
Payout ratio0.00%
Current ratio0.14
Quick ratio0.14
Cash Ratio0.05

Turmalina Metals Dividend FAQ

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