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Argonaut Gold (Argonaut Gold) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


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

Argonaut Gold's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



ARNGF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.17
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Argonaut 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.


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

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

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



Argonaut 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 Argonaut Gold is calculated as

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

Argonaut Gold  (OTCPK:ARNGF) 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.


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

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Argonaut Gold (Argonaut Gold) Business Description

Traded in Other Exchanges
Address
9600 Prototype Court, Reno, NV, USA, 89521
Argonaut Gold Inc is a Canadian gold company engaged in exploration, mine development, and production. Its primary assets are the El Castillo mine and the San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico, and the Florida Canyon mine in Nevada, USA. The company also holds the construction stage Magino project, the exploration stage Cerro del Gallo project, and several other exploration stage projects, all of which are located in North America.

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