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Silver Sands Resources Corp. engages in the acquisition and exploration of mineral resource properties in Canada. It holds 100% interest in the Virginia silver project located in Santa Cruz Province of Argentina; and an interest in the Corner Pocket copper-zinc-silver massive sulfide project covering an area of 6,400 hectares located in Newfoundland. The company was formerly known as Golden Opportunity Resources Corp. and changed its name to Silver Sands Resources Corp. in June 2020. Silver Sands Resources Corp. was incorporated in 2018 and is based in Vancouver, Canada.

Silver Sands Resources Dividend Announcement

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

Silver Sands Resources Dividend History

Silver Sands Resources Dividend Yield

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

Silver Sands Resources Financial Ratios

P/E ratio-0.80
PEG ratio0.04
P/B ratio9.50
ROE-600.09%
Payout ratio0.00%
Current ratio2.46
Quick ratio2.61
Cash Ratio2.26

Silver Sands Resources Dividend FAQ

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