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Alliance Mining (TSXV:ALM) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 09, 2024)


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

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


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



TSXV:ALM's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.16
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Gold subindustry, Alliance 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.


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

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

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



Alliance 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 Alliance Mining is calculated as

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

Alliance Mining  (TSXV:ALM) 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.


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

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


Alliance Mining (TSXV:ALM) Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Alliance Mining Corp is a Canada-based mineral exploration company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties. The company holds interests in the Red Rice Lake Gold Property, Moose Gold Property, and Greenbelt Property in Canada.
Executives
Christopher Ross Anderson Senior Officer

Alliance Mining (TSXV:ALM) Headlines

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