Gold Reserve (OTCMKTS:GDRZF) Shares Gap Down – Here’s Why

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $4.50, but opened at $4.10. Gold Reserve shares last traded at $4.10, with a volume of 2,961 shares trading hands.

Gold Reserve Price Performance

The stock has a market capitalization of $593.83 million and a PE ratio of -13.86. The stock has a 50 day moving average of $4.89 and a two-hundred day moving average of $4.49.

Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter.

About Gold Reserve

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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 BolĂ­var, 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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