Gold Reserve (OTCMKTS:GDRZF) Shares Gap Down – Here’s What Happened

Shares of Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $4.64, but opened at $4.50. Gold Reserve shares last traded at $4.64, with a volume of 310 shares.

Analyst Ratings Changes

Separately, Cantor Fitzgerald assumed coverage on Gold Reserve in a report on Tuesday, May 5th. They set a “speculative buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Get Our Latest Report on GDRZF

Gold Reserve Stock Down 0.1%

The firm’s fifty day moving average price is $4.67 and its 200-day moving average price is $4.04.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.08) earnings per share for the quarter.

About Gold Reserve

(Get Free Report)

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.

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