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Volcanic Gold Mines Inc. engages in the acquisition and exploration of mineral properties. The company explores for gold and silver resources. It holds an option to earn a 60% interest in Holly and Banderas gold/silver properties located in Guatemala. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in January 2017. Volcanic Gold Mines Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Volcanic Gold Mines Dividend Announcement

• Volcanic 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 Volcanic Gold Mines dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Volcanic Gold Mines Dividend History

Volcanic Gold Mines Dividend Yield

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

Volcanic Gold Mines Financial Ratios

P/E ratio-0.79
PEG ratio0.31
P/B ratio1.54
ROE-103.94%
Payout ratio0.00%
Current ratio6.77
Quick ratio6.77
Cash Ratio6.37

Volcanic Gold Mines Dividend FAQ

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