Gold Reserve (OTCMKTS:GDRZF) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.15 and traded as low as $2.45. Gold Reserve shares last traded at $2.45, with a volume of 53,920 shares trading hands.

Gold Reserve Stock Performance

The company has a market cap of $243.90 million, a price-to-earnings ratio of -10.65 and a beta of 0.70. The stock’s fifty day simple moving average is $3.15 and its two-hundred day simple moving average is $3.52.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last posted its earnings results on Tuesday, August 20th. The company reported ($0.04) earnings per share for the quarter.

Gold Reserve Company Profile

(Get Free Report)

Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.

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