Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report)’s stock price traded down 8% on Monday. The company traded as low as $3.81 and last traded at $3.81. 222 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 156,716 shares. The stock had previously closed at $4.14.
Gold Reserve Stock Down 4.4%
The firm’s 50 day moving average is $4.86 and its 200-day moving average is $4.49. The firm has a market cap of $564.66 million and a PE ratio of -13.18.
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.
Gold Reserve Company Profile
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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