Gold Reserve (OTCMKTS:GDRZF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports.
Gold Reserve Stock Performance
OTCMKTS GDRZF opened at $4.59 on Friday. Gold Reserve has a 12-month low of $1.15 and a 12-month high of $5.60. The company has a 50 day moving average price of $4.63 and a two-hundred day moving average price of $4.37.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald started coverage on Gold Reserve in a research note on Tuesday, May 5th. They set a “speculative buy” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
About Gold Reserve
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.
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