Shares of Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $4.84, but opened at $4.56. Gold Reserve shares last traded at $4.90, with a volume of 26,738 shares.
Gold Reserve Stock Performance
The company has a 50 day moving average of $4.75 and a 200 day moving average of $4.59. The firm has a market cap of $717.92 million and a P/E ratio of -16.76.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter.
About Gold Reserve
Gold Reserve Inc is a Canadian-based precious metals development company focused primarily on advancing gold and copper projects in Venezuela. Its principal asset is an interest in the Siembra Minera joint venture, which holds rights related to the Brisas-Cristinas mining project in Bolívar State, an area known for significant gold resources.
The Brisas-Cristinas project combines the company’s former Brisas property with the adjacent Las Cristinas deposit. Gold Reserve has historically pursued the development of these deposits through exploration, project planning and negotiations with Venezuelan authorities.
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