Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 120,600 shares, an increase of 12.7% from the September 30th total of 107,000 shares. Based on an average trading volume of 261,600 shares, the short-interest ratio is currently 0.5 days.
Gold Reserve Trading Down 4.3 %
Shares of GDRZF traded down $0.10 on Thursday, reaching $2.25. 11,322 shares of the company’s stock traded hands, compared to its average volume of 105,277. The stock has a market cap of $223.49 million, a PE ratio of -9.76 and a beta of 0.70. Gold Reserve has a 52-week low of $1.31 and a 52-week high of $4.92. The stock’s 50 day simple moving average is $3.04 and its two-hundred day simple moving average is $3.51.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last released its quarterly earnings results on Tuesday, August 20th. The company reported ($0.04) earnings per share (EPS) 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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