Dividend absolutely disgraceful, a little over 1.3%, in a time where they should be making money hand over fist. Makes you think there may be some serious underlaying issues with the company's management and/or financials...if they can?t make enough to pay a reasonable dividend with gold north of $1500, what chance have they got it drops back to $1000?. they would probably go broke. Until recently NCM made up the majority of my portfolio, I have now sold half and reinvested in other more profitable larger gold stocks and will halve that again in the next few weeks. Very disappointing company.
NCM Price at posting:
$40.40 Sentiment: Sell Disclosure: Held