Gold Reserve (OTCMKTS:GDRZF – Get Free Report) announced its earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, Zacks reports.
Gold Reserve Price Performance
GDRZF stock traded down $0.27 during midday trading on Friday, reaching $3.66. The company had a trading volume of 417 shares, compared to its average volume of 153,339. The firm has a 50-day moving average price of $4.80 and a 200-day moving average price of $4.49. The company has a market capitalization of $540.66 million and a P/E ratio of -12.62. Gold Reserve has a 1 year low of $1.15 and a 1 year high of $5.60.
About Gold Reserve
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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