Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 107,000 shares, an increase of 74.6% from the September 15th total of 61,300 shares. Based on an average daily volume of 413,000 shares, the short-interest ratio is presently 0.3 days.
Gold Reserve Stock Performance
GDRZF stock traded down $0.11 during midday trading on Friday, reaching $2.51. 116,452 shares of the company traded hands, compared to its average volume of 109,420. Gold Reserve has a 52-week low of $1.31 and a 52-week high of $4.92. The business has a 50 day moving average of $3.35 and a 200-day moving average of $3.55. The firm has a market capitalization of $249.87 million, a price-to-earnings ratio of -10.91 and a beta of 0.70.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The company reported ($0.04) earnings per share (EPS) for the quarter.
Gold Reserve Company Profile
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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