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Gold Springs Resource Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold and silver deposits. It holds a 100% interest in the Gold Springs gold-silver project covering approximately 7,800 hectares located in eastern Lincoln County, Nevada, and western Iron County, Utah. The company was formerly known as TriMetals Mining Inc. and changed its name to Gold Springs Resource Corp. in November 2019. Gold Springs Resource Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Gold Springs Resource Dividend Announcement

• Gold Springs Resource does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Gold Springs Resource dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Gold Springs Resource Dividend History

Gold Springs Resource Dividend Yield

Gold Springs Resource current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gold Springs Resource stock? Use our calculator to estimate your expected dividend yield:

Gold Springs Resource Financial Ratios

P/E ratio-22.08
PEG ratio-6.94
P/B ratio0.64
ROE-2.87%
Payout ratio0.00%
Current ratio0.07
Quick ratio0.07
Cash Ratio0.03

Gold Springs Resource Dividend FAQ

Does Gold Springs Resource stock pay dividends?
Gold Springs Resource does not currently pay dividends to its shareholders.
Has Gold Springs Resource ever paid a dividend?
No, Gold Springs Resource has no a history of paying dividends to its shareholders. Gold Springs Resource is not known for its dividend payments.
Why doesn't Gold Springs Resource pay dividends?
There are several potential reasons why Gold Springs Resource would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Gold Springs Resource ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Gold Springs Resource has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Gold Springs Resource a dividend aristocrat?
Gold Springs Resource is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gold Springs Resource a dividend king?
Gold Springs Resource is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gold Springs Resource a dividend stock?
No, Gold Springs Resource is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Gold Springs Resource stocks?
To buy Gold Springs Resource you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Gold Springs Resource stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.