GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Probe Gold Inc (OTCPK:PROBF) » Definitions » 5-Year Yield-on-Cost %

Probe Gold (Probe Gold) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 19, 2024)


View and export this data going back to 2012. Start your Free Trial

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

Probe Gold's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



PROBF's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.18
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Probe 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.


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

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

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



Probe 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 Probe Gold is calculated as

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

Probe Gold  (OTCPK:PROBF) 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.


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

Thank you for viewing the detailed overview of Probe Gold's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Probe Gold (Probe Gold) Business Description

Traded in Other Exchanges
Address
56 Temperance Street, Suite 1000, Toronto, ON, CAN, M5H 3V5
Probe Gold Inc is a gold exploration company focused on the acquisition, exploration, and development of prospective gold properties. The company is committed to discovering and developing high-quality gold projects, including its key asset the multimillion-ounce Novador Gold Project, Québec.

Probe Gold (Probe Gold) Headlines

From GuruFocus

Probe Metals Announces Upsize of Private Placement to $10.5 Million

By GlobeNewswire GlobeNewswire 06-08-2022

Probe Metals Announces $10 Million Private Placement

By GlobeNewswire GlobeNewswire 11-04-2020

Probe Metals Completes $17 Million Bought Deal Private Placement

By GlobeNewswire GlobeNewswire 12-10-2019