Red Hill Minerals Limited (ASX:RHI) to Issue Interim Dividend of $0.12

Red Hill Minerals Limited (ASX:RHI) announced a interim dividend on Tuesday, March 3rd, MarketIndexAU Dividends reports. Stockholders of record on Monday, March 23rd will be given a dividend of 0.116 per share on Monday, March 23rd. This represents a dividend yield of 230.0%. The ex-dividend date of this dividend is Sunday, March 8th.

Red Hill Minerals Price Performance

The company has a quick ratio of 5.16, a current ratio of 10.42 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $330.90 million, a price-to-earnings ratio of 36.26 and a beta of 0.55.

Red Hill Minerals Company Profile

Red Hill Minerals Limited engages in the exploration of gold and base metals in Western Australia. It also explores for battery metals and aggregates. The company holds 100% interest in the Red Hill Minerals West Pilbara project covering 1,600 square kilometers, located adjacent to the western margin of the Hamersley Basin. It holds 100% interests in the Pannawonica iron ore project; and the Three Peaks Hard Rock Deposit. The company was formerly known as Red Hill Iron Limited and changed its name to Red Hill Minerals Limited in December 2022.