Rio de Oro Mining Co. - 1970's dated New Mexico Mining Stock Certificate - Rare Bright Yellow Color
Inv# MS3409 StockStock printed on bright yellow paper with brown accent. Horse and mule vignette! Uncancelled and not negotiable. New Mexico's economy exhibits a high degree of diversification, encompassing sectors such as cattle ranching, agriculture, forestry, scientific and technological research, tourism, and the arts. Key industries include mining, oil and gas extraction, aerospace, media, and film production. In 2020, the state's total gross domestic product (GDP) reached $95.73 billion, resulting in a GDP per capita of approximately $46,300. The state's tax policy is characterized by relatively low to moderate taxation on personal income compared to national averages, featuring tax credits, exemptions, and special provisions for military personnel and certain favored industries. New Mexico is home to a substantial U.S. military presence, including the White Sands Missile Range, as well as strategically important federal research institutions like the Sandia and Los Alamos National Laboratories. Additionally, the state played a crucial role in the Manhattan Project, which led to the development of the first atomic bomb, and was the location of the initial nuclear test, known as Trinity.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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