Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $4.49 and traded as low as $4.25. Gold Reserve shares last traded at $4.26, with a volume of 12,884 shares trading hands.
Gold Reserve Trading Down 5.3%
The company has a market cap of $629.29 million and a PE ratio of -14.69. The firm’s fifty day moving average is $4.89 and its 200 day moving average is $4.49.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share for the quarter.
Gold Reserve Company Profile
Gold Reserve Inc is a mineral exploration and development company focused primarily on gold assets in Venezuela. The company’s principal project is the Brisas and Las Cristinas gold district in the state of Bolívar, an area known for its substantial mineral resources. Gold Reserve is not currently described as a broad-based producer; its activities center on advancing and protecting its interests in large-scale mining projects.
The Brisas project historically served as the company’s flagship development asset.
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