Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares saw strong trading volume on Friday. Approximately 1,160,490 shares traded hands during trading, an increase of 658% from the previous session’s volume of 153,187 shares. The stock last traded at $5.17 and had previously closed at $5.0850.
Gold Reserve Trading Up 1.7%
The company’s 50 day simple moving average is $4.86 and its 200 day simple moving average is $4.65. The stock has a market capitalization of $763.71 million and a PE ratio of -17.83.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.03) EPS for the quarter.
About Gold Reserve
Gold Reserve Inc is a development-stage mining company focused on the acquisition, exploration and advancement of gold and copper properties. The company is not primarily a producing miner; its activities center on evaluating and developing large-scale mineral projects.
Gold Reserve’s principal asset is the Siembra Minera project in Venezuela’s Bolívar State. The project encompasses the historic Brisas and Las Cristinas gold deposits and is being advanced through a joint venture structure involving Gold Reserve and the Venezuelan state.
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