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

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $3.93, but opened at $3.7001. Gold Reserve shares last traded at $3.6550, with a volume of 1,038 shares changing hands.

Gold Reserve Price Performance

The firm’s 50-day moving average price is $4.72 and its 200 day moving average price is $4.48. The firm has a market capitalization of $483.04 million and a price-to-earnings ratio of -13.08.

Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported ($0.04) earnings per share (EPS) for the quarter.

About Gold Reserve

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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 BolĂ­var, 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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