Gold Reserve (OTCMKTS:GDRZF) Shares Gap Up – Here’s What Happened

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $3.27, but opened at $3.40. Gold Reserve shares last traded at $3.40, with a volume of 3,300 shares trading hands.

Gold Reserve Trading Down 1.7%

The stock has a 50 day simple moving average of $4.70 and a 200-day simple moving average of $4.48. The firm has a market cap of $506.68 million and a P/E ratio of -13.72.

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

Gold Reserve Company Profile

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Gold Reserve Inc. is a mineral exploration and development company whose activities have focused on gold and copper projects in Venezuela. The company is best known for the Brisas project, a gold-copper deposit in Bolívar State. Gold Reserve has also pursued development of the broader Brisas-Cristinas mining district through a joint venture arrangement. Its work has included advancing project plans and seeking to develop the area’s mineral resources; it is not primarily known as a producing mining company.

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