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New Break Resources (XCNQ:NBRK) 5-Year Yield-on-Cost % : 0.00 (As of May. 28, 2024)


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What is New Break Resources 5-Year Yield-on-Cost %?

New Break Resources's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


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



XCNQ:NBRK's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.09
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of New Break Resources's 5-Year Yield-on-Cost %

For the Gold subindustry, New Break Resources'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.


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

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

* The bar in red indicates where New Break Resources's 5-Year Yield-on-Cost % falls into.



New Break Resources 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 New Break Resources is calculated as

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

New Break Resources  (XCNQ:NBRK) 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.


New Break Resources 5-Year Yield-on-Cost % Related Terms

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New Break Resources (XCNQ:NBRK) Business Description

Traded in Other Exchanges
N/A
Address
18 King Street East, Suite 902, Toronto, CAN, M5C 1C4
New Break Resources Ltd is a Canadian mineral exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada. New Break is focused on gold exploration at its Moray Gold Project, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. and at its four projects in Kivalliq Region, Nunavut, including the Sundog Gold Project and Esker Gold Project.
Executives
William Donald Love Senior Officer

New Break Resources (XCNQ:NBRK) Headlines

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