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Visible Gold Mines Inc. acquires and explores for gold mineral deposits in Canada. The company holds a 100% interest in the Cadillac project comprising 145 mining claims covering approximately 5,000 hectares located in west of Rouyn-Noranda, Québec; the Piko property covering 26 mining claims situated in Abitibi-Témiscamingue in Québec; and the Veronik gold property that consists of 78 mining claims located in southeast of Hecla's Casa Berardi gold mine. In addition, it holds interest in the Horsefly Property with 175 mining claims covering an area of 6,050 hectares located in the Druillettes and Gradis townships; the Doda project that consists of 25 mining claims covering an area of approximately 1,400 hectares located in Québec; the Dovercliff property, which consists of 3 mining claims located in the Rouyn-Noranda, Québec; and the Phooey Lake property, which include 75 mining claims located in the Chibougamau, Québec. The company also holds a 100% interest in the MegaLi Project consisting of 78 mining claims covering an area of 3,996 hectares; and the NataLi Project comprising of 107 mining claims covering an area of 5,667 hectares located in the region of James Bay, Québec. Visible Gold Mines Inc. was incorporated in 2007 and is based in Rouyn-Noranda, Canada.

Visible Gold Mines Dividend Announcement

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

Visible Gold Mines Dividend History

Visible Gold Mines Dividend Yield

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

Visible Gold Mines Financial Ratios

P/E ratio-2.88
PEG ratio-0.29
P/B ratio8.54
ROE-202.43%
Payout ratio0.00%
Current ratio0.12
Quick ratio0.12
Cash Ratio0.08

Visible Gold Mines Dividend FAQ

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