Gold Reserve (OTCMKTS:GDRZF) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.93 and traded as high as $3.99. Gold Reserve shares last traded at $3.9635, with a volume of 46,400 shares trading hands.

Gold Reserve Trading Up 2.4%

The stock’s fifty day moving average price is $1.93 and its 200 day moving average price is $2.33. The stock has a market cap of $394.57 million and a P/E ratio of -15.24.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported ($0.08) earnings per share (EPS) for the quarter.

About Gold Reserve

(Get Free Report)

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.

Read More

Receive News & Ratings for Gold Reserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Reserve and related companies with MarketBeat.com's FREE daily email newsletter.