Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 54,800 shares, a drop of 10.0% from the January 15th total of 60,900 shares. Based on an average daily volume of 79,600 shares, the days-to-cover ratio is presently 0.7 days.
Gold Reserve Stock Down 1.0 %
Shares of OTCMKTS:GDRZF opened at $1.93 on Tuesday. Gold Reserve has a 52-week low of $1.09 and a 52-week high of $4.92. The stock has a market cap of $192.13 million and a price-to-earnings ratio of -19.30. The business has a 50-day moving average price of $1.58 and a 200-day moving average price of $2.36.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last announced its quarterly earnings results on Wednesday, November 27th. The company reported ($0.03) earnings per share 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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