Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 107,000 shares, a growth of 74.6% from the September 15th total of 61,300 shares. Based on an average daily volume of 413,000 shares, the days-to-cover ratio is currently 0.3 days.
Gold Reserve Stock Down 4.0 %
Shares of GDRZF traded down $0.11 during trading on Monday, reaching $2.51. 116,400 shares of the company traded hands, compared to its average volume of 109,419. The stock has a 50-day simple moving average of $3.35 and a 200-day simple moving average of $3.56. Gold Reserve has a twelve month low of $1.31 and a twelve month high of $4.92. The stock has a market cap of $249.87 million, a PE ratio of -10.91 and a beta of 0.70.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released its earnings results on Tuesday, August 20th. The company reported ($0.04) 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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