Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares saw an uptick in trading volume on Thursday. Approximately 917,570 shares were traded during mid-day trading, an increase of 471% from the previous session’s volume of 160,648 shares. The stock last traded at $5.09 and had previously closed at $5.07.
Gold Reserve Stock Performance
The firm has a fifty day simple moving average of $4.90 and a 200 day simple moving average of $4.68. The company has a market cap of $710.53 million and a PE ratio of -16.59.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.03) earnings per share for the quarter.
Gold Reserve Company Profile
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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