Gold Reserve Inc. (OTCMKTS:GDRZF) Sees Large Decrease in Short Interest

Gold Reserve Inc. (OTCMKTS:GDRZF) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 13,666 shares, a drop of 22.3% from the January 29th total of 17,589 shares. Based on an average daily trading volume, of 305,623 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 305,623 shares, the short-interest ratio is currently 0.0 days.

Gold Reserve Price Performance

OTCMKTS:GDRZF opened at $3.95 on Monday. Gold Reserve has a 1-year low of $1.15 and a 1-year high of $4.70. The company has a 50-day moving average of $3.29 and a 200 day moving average of $2.31. The firm has a market cap of $393.22 million and a PE ratio of -15.19.

Gold Reserve Company Profile

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.