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Ashley Gold (XCNQ:ASHL) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 23, 2024)


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

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


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



XCNQ:ASHL'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 Ashley Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, Ashley 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.


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

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

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



Ashley 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 Ashley Gold is calculated as

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

Ashley Gold  (XCNQ:ASHL) 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.


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

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Ashley Gold (XCNQ:ASHL) Business Description

Traded in Other Exchanges
N/A
Address
707 - 7 Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
Ashley Gold Corp is engaged in the acquisition and exploration of mineral properties in the natural resource sector with the long-term goal of divesting its investment assets at a profit. The company projects include Tabor Lake Mine, Howie Lake and Alto-Gardnar.
Executives
George Elliott Stephenson Director, Senior Officer

Ashley Gold (XCNQ:ASHL) Headlines

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