Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares were down 8% during trading on Monday. The stock traded as low as $3.81 and last traded at $3.81. Approximately 222 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 156,716 shares. The stock had previously closed at $4.14.
Gold Reserve Trading Down 4.4%
The stock’s 50 day moving average price is $4.86 and its 200 day moving average price is $4.49. The company has a market cap of $564.66 million and a price-to-earnings ratio of -13.18.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released 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 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.
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