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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

P/E ratio-1.71
PEG ratio-0.04
P/B ratio-1.80
ROE116.99%
Payout ratio0.00%
Current ratio0.08
Quick ratio0.08
Cash Ratio0.04

Gold State Resources Dividend FAQ

Does Gold State Resources stock pay dividends?
Gold State Resources does not currently pay dividends to its shareholders.
Has Gold State Resources ever paid a dividend?
No, Gold State Resources has no a history of paying dividends to its shareholders. Gold State Resources is not known for its dividend payments.
Why doesn't Gold State Resources pay dividends?
There are several potential reasons why Gold State Resources 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 State Resources 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 State Resources 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 State Resources a dividend aristocrat?
Gold State Resources 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 State Resources a dividend king?
Gold State Resources 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 State Resources a dividend stock?
No, Gold State Resources 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 State Resources stocks?
To buy Gold State Resources 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 State Resources 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.