GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gander Gold Corp (XCNQ:GAND) » Definitions » 5-Year Yield-on-Cost %

Gander Gold (XCNQ:GAND) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 16, 2024)


View and export this data going back to 2022. Start your Free Trial

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

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


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



XCNQ:GAND'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 Gander Gold's 5-Year Yield-on-Cost %

For the Gold subindustry, Gander 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.


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

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

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



Gander 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 Gander Gold is calculated as

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

Gander Gold  (XCNQ:GAND) 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.


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

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


Gander Gold (XCNQ:GAND) Business Description

Traded in Other Exchanges
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Gander Gold Corp is an exploration stage resource company engaged in the identification, acquisition, and exploration of precious and base metals projects in Canada. Its focus is the prospective ground in the Central Newfoundland Gold Belt, on Canada's Atlantic coast. The company's projects in Newfoundland include Gander North, Mt. Peyton, Cape Ray II, BLT, Carmanville Gander South, Hermitage, and Little River.

Gander Gold (XCNQ:GAND) Headlines

No Headlines