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Spearmint Resources Inc., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada and the United States. The company explores for gold, platinum, palladium, copper, nickel, lithium, vanadium, and cesium. Its flagship property is the McGee Lithium Clay project covering an area of approximately 880 acres located in Clayton Valley, Nevada. The company was formerly known as Indefinitely Capital Corp. and changed its name to Spearmint Resources Inc. in February 2012. Spearmint Resources Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Spearmint Resources Dividend Announcement

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

Spearmint Resources Dividend History

Spearmint Resources Dividend Yield

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

Spearmint Resources Financial Ratios

P/E ratio-6.05
PEG ratio1.17
P/B ratio2.25
ROE-31.85%
Payout ratio0.00%
Current ratio0.85
Quick ratio0.85
Cash Ratio0.81

Spearmint Resources Dividend FAQ

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