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

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $5.07, but opened at $4.6950. Gold Reserve shares last traded at $4.6950, with a volume of 100 shares.

Gold Reserve Price Performance

The company has a market cap of $686.90 million and a PE ratio of -16.03. The firm has a 50-day simple moving average of $4.90 and a two-hundred day simple moving average of $4.69.

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

Gold Reserve Company Profile

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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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