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Gold Reserve (OTCMKTS:GDRZF) Stock Passes Below 50-Day Moving Average - What's Next?

Gold Reserve logo with Basic Materials background

Key Points

  • Gold Reserve Inc. (OTCMKTS:GDRZF) saw its stock price fall below its 50-day moving average of $1.98, trading as low as $1.36 before settling at $1.38 with a trading volume of 51,189 shares.
  • The company has a market capitalization of $137.38 million and reported an earnings loss of ($0.04) per share in its latest quarter.
  • Founded in 1956, Gold Reserve Inc. is focused on evaluating, acquiring, exploring, and developing mineral properties, including interests in the LMS Gold project located in Alaska.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Gold Reserve Inc. (OTCMKTS:GDRZF - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.98 and traded as low as $1.36. Gold Reserve shares last traded at $1.38, with a volume of 51,189 shares traded.

Gold Reserve Stock Performance

The company has a 50 day moving average of $1.98 and a two-hundred day moving average of $2.27. The stock has a market capitalization of $137.38 million and a PE ratio of -6.57.

Gold Reserve (OTCMKTS:GDRZF - Get Free Report) last announced its earnings results on Friday, August 15th. The company reported ($0.04) earnings per share for the quarter.

Gold Reserve Company Profile

(Get Free Report)

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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