GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carnaby Resources Ltd (ASX:CNB) » Definitions » 5-Year Yield-on-Cost %

Carnaby Resources (ASX:CNB) 5-Year Yield-on-Cost % : 0.00 (As of Jan. 15, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Carnaby Resources 5-Year Yield-on-Cost %?

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


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



ASX:CNB's 5-Year Yield-on-Cost % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.94
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Other Precious Metals & Mining subindustry, Carnaby 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.


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

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

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



Carnaby 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 Carnaby Resources is calculated as

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

Carnaby Resources  (ASX:CNB) 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.


Carnaby Resources 5-Year Yield-on-Cost % Related Terms

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


Carnaby Resources Business Description

Traded in Other Exchanges
N/A
Address
78 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008
Carnaby Resources Ltd is an Australia-based mineral exploration company. It is engaged in acquiring, exploring, and developing gold and other mineral deposits. Its projects are located in established mining provinces of the Mount Isa Inlier of Queensland and the Pilbara and Yilgarn Margin of Western Australia. Some of the projects in which the company is engaged are the Greater Duchess Copper and Gold Project, Strelley Gold Project, Hemi Gold Deposit, Big Hill Gold and Lithium, Malmac, Throssel, Pardoo Gold and Lithium, Devoncourt, and Mount Grant Gold and Lithium project among others.

Carnaby Resources Headlines

No Headlines