Gold State Resources Inc. acquires, explores for, and develops mineral properties in North and South America. The company holds a 100% interest in the Black Rock Canyon gold property that covers an area of approximately 3,894 acres located within the Cortez trend of the Battle Mountain Eureka belt. It also holds a 100% interest in the Aspen gold property that comprise 16 mineral claims in two aggregate groups covering an area of 7,450 acres located to the southwest of Vanderhoof in British Columbia, Canada; and the Jumping Jack property that comprises 133 mining claims covering an area of 2,640 acres. The company was formerly known as Cyon Exploration Ltd. and changed its name to Gold State Resources Inc. in September 2021. Gold State Resources Inc. is headquartered in Vancouver, Canada.
Gold State Resources Dividend Announcement
• Gold State Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Gold State Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Gold State Resources Dividend History
Gold State Resources Dividend Yield
Gold State Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gold State Resources stock? Use our calculator to estimate your expected dividend yield:
Gold State Resources Financial Ratios
Gold State Resources Dividend FAQ
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.
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