Gold Reserve (OTCMKTS:GDRZF) Shares Gap Down – Should You Sell?

Shares of Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $4.50, but opened at $4.10. Gold Reserve shares last traded at $4.10, with a volume of 2,961 shares trading hands.

Gold Reserve Price Performance

The company’s 50 day moving average price is $4.86 and its two-hundred day moving average price is $4.49.

Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.03) earnings per share for the quarter.

Gold Reserve Company Profile

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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.

Further Reading

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