Gold Reserve (OTCMKTS:GDRZF) Shares Gap Down – Should You Sell?

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares 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 traded.

Gold Reserve Trading Down 3.7%

The firm has a market cap of $531.79 million and a P/E ratio of -14.40. The company’s fifty day moving average price is $4.78 and its two-hundred day moving average price is $4.49.

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

About Gold Reserve

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Gold Reserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Reserve and related companies with MarketBeat.com's FREE daily email newsletter.