GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » O3 Mining Inc (TSXV:OIII) » Definitions » 5-Year Yield-on-Cost %

O3 Mining (TSXV:OIII) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 30, 2024)


View and export this data going back to 1990. Start your Free Trial

What is O3 Mining 5-Year Yield-on-Cost %?

O3 Mining's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for O3 Mining's 5-Year Yield-on-Cost % or its related term are showing as below:



TSXV:OIII'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 O3 Mining's 5-Year Yield-on-Cost %

For the Other Industrial Metals & Mining subindustry, O3 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.


O3 Mining's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, O3 Mining's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where O3 Mining's 5-Year Yield-on-Cost % falls into.



O3 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 O3 Mining is calculated as

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

O3 Mining  (TSXV:OIII) 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.


O3 Mining 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of O3 Mining's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


O3 Mining (TSXV:OIII) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1440, Toronto, ON, CAN, M5H 3B7
O3 Mining Inc is a Canadian mineral exploration company. It is engaged in the business of acquiring, exploring, and developing precious mineral deposits in Canada. The firm's property portfolio consists of Cadillac Break Properties, Marban Property, Alpha Property, Wydee Gold Property, and Matachewan Property.

O3 Mining (TSXV:OIII) Headlines

No Headlines