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Pershing Gold (Pershing Gold) 5-Year Yield-on-Cost % : 0.00 (As of May. 12, 2024)


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What is Pershing Gold 5-Year Yield-on-Cost %?

Pershing Gold's yield on cost for the quarter that ended in Dec. 2018 was 0.00.


The historical rank and industry rank for Pershing Gold's 5-Year Yield-on-Cost % or its related term are showing as below:



PGLC's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.155
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Pershing Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, Pershing Gold's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pershing Gold's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pershing Gold's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Pershing Gold's 5-Year Yield-on-Cost % falls into.



Pershing Gold 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Pershing Gold is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Pershing Gold  (NAS:PGLC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Pershing Gold 5-Year Yield-on-Cost % Related Terms

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Pershing Gold (Pershing Gold) Business Description

Traded in Other Exchanges
N/A
Address
1658 Cole Boulevard, Building 6, Suite 210, Lakewood, CO, USA, 80401
Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company currently focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. It operates its business directly and also through its wholly-owned subsidiary, Gold Acquisition Corp. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-explored.
Executives
Jeffrey G Clevenger director 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Barry C Honig 10 percent owner 215 SE SPANISH TRAIL, BOCA RATON FL 33432
Edward M Karr director RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Timothy Mark Janke officer: Chief Operating Officer 5625 PATRICIAN WAY, WINNEMUCCA NV 89445
Eric Alexander officer: VP Finance and Controller 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Douglass Scott Barr director 10901 WEST TOLLER DRIVE, SUITE 300 LITTLETON CO 80127-6312
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
David Rector director
Adam C Wasserman officer: Chief Financial Officer 1643 ROYAL GROVE WAY, WESTON FL 33327

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