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The latest update is out from Gold Reserve ( (TSE:GRZ) ).
Gold Reserve Ltd. has challenged a proposal from the Canada Revenue Agency (CRA) to reassess its tax filings for the years 2014, 2016, 2017, and 2018. The company disputes the inclusion of a 2014 arbitral award and related payments in its income, arguing that the proposed adjustments are incorrect and were made beyond the legal reassessment period. Gold Reserve asserts that its tax returns comply with Canadian law and plans to rigorously defend its position, which may have significant implications for its financial standing and stakeholder interests.
More about Gold Reserve
Gold Reserve Ltd. is a company operating within the mining industry, mainly involved in the exploration and development of mineral resources, with a notable focus on the gold market.
YTD Price Performance: 8.86%
Average Trading Volume: 87,404
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $195.1M
For an in-depth examination of GRZ stock, go to TipRanks’ Stock Analysis page.
