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Silver Spruce Resources Inc., a junior exploration company, explores for precious and base minerals. The company primarily explores for copper, zinc, lead, silver, gold, and rare earth elements. It holds 100% interests in the Pino de Plata project located in southwest corner of the state of Chihuahua, Mexico; and the Melchett Lake project situated in the Thunder Bay mining district, Northern Ontario, Canada. The company also holds an agreement to acquire 50% interests in the Jackie Gold project located in Sonora, Mexico; the El Mezquite project situated in eastern Sonora, Mexico; and the Diamante project located in eastern Sonora, Mexico, as well as 100% interests in the Mystery, Marilyn, and Till properties situated to Grand Falls, Newfoundland, Canada. The company was formerly known as First Labrador Acquisitions Inc. and changed its name to Silver Spruce Resources Inc. in October 2004. Silver Spruce Resources Inc. was incorporated in 1996 and is headquartered in Bedford, Canada.

Silver Spruce Resources Dividend Announcement

• Silver Spruce 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 Spruce Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Silver Spruce Resources Dividend History

Silver Spruce Resources Dividend Yield

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

Silver Spruce Resources Financial Ratios

P/E ratio-1.48
PEG ratio0.03
P/B ratio-12.94
ROE1512.83%
Payout ratio0.00%
Current ratio0.61
Quick ratio0.36
Cash Ratio0.11

Silver Spruce Resources Dividend FAQ

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