Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Update

Key Points

• Short interest fell 22.1% in April to 20,899 shares, leaving a days-to-cover ratio of 0.2 based on average daily volume of 93,995 shares.
• Stock snapshot: shares opened at $4.00 with a market cap of $398.2M and a negative P/E of -13.33; the 12‑month range is $1.15–$5.60 and the 50/200‑day moving averages are $4.22 and $2.95, respectively.
• Gold Reserve is a mineral exploration and development company focused on the Brisas Project in Venezuela, and it reported EPS of ($0.10) for the most recent quarter.

Gold Reserve Inc. (OTCMKTS:GDRZF - Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 20,899 shares, a decrease of 22.1% from the March 31st total of 26,813 shares. Based on an average trading volume of 93,995 shares, the days-to-cover ratio is presently 0.2 days.

Gold Reserve Price Performance

Shares of GDRZF stock opened at $4.00 on Wednesday. The firm has a market cap of $398.20 million and a price-to-earnings ratio of -13.33. Gold Reserve has a 12 month low of $1.15 and a 12 month high of $5.60. The stock has a 50-day moving average price of $4.22 and a 200 day moving average price of $2.95.

Gold Reserve (OTCMKTS:GDRZF - Get Free Report) last released its earnings results on Thursday, March 19th. The company reported ($0.10) earnings per share (EPS) for the quarter.

About Gold Reserve

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.

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