Gold Reserve (TSE:GRZ) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Gold Reserve Ltd. has received a proposal from the Canada Revenue Agency to reassess its income, which could significantly impact the company’s financial status. The proposal involves potential income inclusions of up to US$740.3 million related to past arbitral awards and other financial dealings. Gold Reserve is preparing to contest the proposal, which could take years to resolve and might threaten its financial stability.
For further insights into TSE:GRZ stock, check out TipRanks’ Stock Analysis page.
