Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw strong trading volume on Friday. Approximately 1,160,490 shares changed hands during mid-day 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 Stock Up 1.7%
The business’s fifty day moving average is $4.86 and its 200 day moving average is $4.65. The stock has a market cap of $763.71 million and a PE ratio of -17.83.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.03) earnings per share (EPS) 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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