Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 78,500 shares, a decline of 34.9% from the October 15th total of 120,600 shares. Based on an average daily volume of 91,300 shares, the short-interest ratio is presently 0.9 days.
Gold Reserve Trading Down 2.8 %
GDRZF stock traded down $0.06 during midday trading on Friday, reaching $1.88. 10,830 shares of the company’s stock traded hands, compared to its average volume of 103,731. Gold Reserve has a 52 week low of $1.31 and a 52 week high of $4.92. The company has a 50-day moving average price of $2.56 and a two-hundred day moving average price of $3.41.
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.
About Gold Reserve
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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