Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 54,800 shares, a drop of 10.0% from the January 15th total of 60,900 shares. Based on an average trading volume of 79,600 shares, the days-to-cover ratio is presently 0.7 days.
Gold Reserve Trading Down 1.0 %
GDRZF stock traded down $0.02 during midday trading on Monday, hitting $1.93. 34,182 shares of the company’s stock were exchanged. The business has a 50-day simple moving average of $1.58 and a two-hundred day simple moving average of $2.37. The stock has a market capitalization of $192.13 million and a PE ratio of -19.30. Gold Reserve has a 1-year low of $1.09 and a 1-year high of $4.92.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last issued its quarterly earnings data on Wednesday, November 27th. The company reported ($0.03) 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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