Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 78,500 shares, a drop of 34.9% from the October 15th total of 120,600 shares. Based on an average trading volume of 91,300 shares, the days-to-cover ratio is currently 0.9 days.
Gold Reserve Stock Performance
Gold Reserve stock traded down $0.06 during mid-day trading on Friday, hitting $1.88. 10,830 shares of the company were exchanged, compared to its average volume of 103,731. Gold Reserve has a 12-month low of $1.31 and a 12-month high of $4.92. The business’s 50 day simple moving average is $2.56 and its two-hundred day simple moving average is $3.41.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its quarterly earnings data on Tuesday, August 20th. The company reported ($0.04) 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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