China Mining (ASX:CMF) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 17, 2024)

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What is China Mining 5-Year Yield-on-Cost %?

China Mining's yield on cost for the quarter that ended in . 20 was 0.00.

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

ASX:CMF's 5-Year Yield-on-Cost % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 3.1
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of China Mining's 5-Year Yield-on-Cost %

For the Gold subindustry, China Mining'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.

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

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

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

China Mining 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 China Mining is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

China Mining (ASX:CMF) 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.

China Mining 5-Year Yield-on-Cost % Related Terms

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China Mining (ASX:CMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Mining Ltd (ASX:CMF) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.chinamininggroup.com

China Mining Ltd was incorporated on 27 January 2011 with the purpose of establishing a mineral exploration and mining company, as well as seeking opportunities to assist Chinese investors to invest in overseas mining projects. The Company's focus will initially be on its Yarri Range Project for gold exploration in Western Australia. Yarri Range Project comprises 2 exploration licences E31/859 and E31/887 with a total area of 97.2 sq km for gold exploration. The Project is located in the Eastern Goldfields of Western Australia, approximately 170 km northeast of Kalgoorlie around the Laverton Tectonic Zone, a gold mining fields, estimated to contain over 22 million ounces of gold with deposits such as Sunrise Dam (8.0 Moz), Wallaby (8.0 Moz), Granny Smith (2.5 Moz) and Mt Morgans (1.3 Moz).